| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77M | $43M | — | 80.5% | — |
| Op. Income | $24M | -$16M | — | 246.6% | — |
| Gross Margin | 43.3% | -2.6% | — | 46.0pp | — |
| Net Margin | 29.7% | -37.5% | — | 67.2pp | — |
| EPS (Diluted) | $1.56 | $-1.16 | — | 234.5% | — |
| Free Cash Flow | $43M | -$12M | — | 450.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $6M |
| SG&A Expenses | $10M |
| Other Expenses | $318.0K |
| Operating Expenses | $10M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $24M |
| Interest Income | $46M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $603.0K |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $289.0K |
| EBIT | $24M |
| EBITDA | $24M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $6M |
| SG&A Expenses | $10M |
| Other Expenses | $318.0K |
| Operating Expenses | $10M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $24M |
| Interest Income | $46M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $603.0K |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $289.0K |
| EBIT | $24M |
| EBITDA | $24M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $289.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$178M |
| Sales/Maturities of Investments | $466.0K |
| Other Investing Activities | $120M |
| NET CASH FROM INVESTING | -$59M |
| Net Debt Issuance | $97M |
| Common Stock Repurchased | -$6.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $18.0K |
| NET CASH FROM FINANCING | $97M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | $82M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $0 |
| Net Receivables | $425M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $496M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $427M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$344M |
| TOTAL NON-CURRENT ASSETS | $87M |
| TOTAL ASSETS | $583M |
| Account Payables | $106M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $106M |
| Long-Term Debt | $499M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $252.0K |
| TOTAL NON-CURRENT LIABILITIES | $499M |
| TOTAL LIABILITIES | $605M |
| Common Stock | $0 |
| Additional Paid-In Capital | $213M |
| Retained Earnings | -$239M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$22M |
| Minority Interest | -$338.0K |
| TOTAL EQUITY | -$22M |
| TOTAL LIABILITIES & EQUITY | $583M |
| Total Debt | $499M |
| Net Debt | $438M |
