| Metric | Q4 1996 | Q3 1996 | Q4 1995 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $800.0K | — | $1M | — | -38.5% |
| Op. Income | $2M | — | $2M | — | -11.1% |
| Gross Margin | 37.5% | — | 30.8% | — | 6.7pp |
| Net Margin | 150.0% | — | 84.6% | — | 65.4pp |
| EPS (Diluted) | $0.14 | — | $0.13 | — | 7.7% |
| Free Cash Flow | -$3M | — | $2M | — | -273.3% |
| Item | Amount |
|---|---|
| REVENUE | $800.0K |
| Cost of Revenue | $500.0K |
| GROSS PROFIT | $300.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | -$2M |
| Operating Expenses | -$1M |
| Cost & Expenses | -$800.0K |
| OPERATING INCOME | $2M |
| Interest Income | $9M |
| Interest Expense | $600.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $400.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $0 |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $800.0K |
| Cost of Revenue | $500.0K |
| GROSS PROFIT | $300.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | -$2M |
| Operating Expenses | -$1M |
| Cost & Expenses | -$800.0K |
| OPERATING INCOME | $2M |
| Interest Income | $9M |
| Interest Expense | $600.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $400.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $0 |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $100.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$400.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$100.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $600.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$300.0K |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $400.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $216M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $219M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $259M |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $279M |
| TOTAL ASSETS | $498M |
| Account Payables | $600.0K |
| Short-Term Debt | $137M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $290M |
| TOTAL CURRENT LIABILITIES | $428M |
| Long-Term Debt | $37M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $466M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $25M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $8M |
| TOTAL STOCKHOLDERS' EQUITY | $33M |
| Minority Interest | $0 |
| TOTAL EQUITY | $33M |
| TOTAL LIABILITIES & EQUITY | $498M |
| Total Debt | $173M |
| Net Debt | $167M |
