| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | $62M | $59M | -4.2% | 0.5% |
| Op. Income | $14M | $21M | $23M | -29.6% | -38.2% |
| Gross Margin | 45.0% | 54.1% | 51.5% | -9.1pp | -6.4pp |
| Net Margin | 24.3% | 33.1% | 39.5% | -8.8pp | -15.2pp |
| EPS (Diluted) | $0.37 | $0.52 | $0.60 | -28.8% | -38.3% |
| Free Cash Flow | $222M | -$236M | $721M | 194.2% | -69.2% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $2M |
| Operating Expenses | $12M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $14M |
| Interest Income | $57M |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $661.0K |
| EBIT | $14M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $2M |
| Operating Expenses | $12M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $14M |
| Interest Income | $57M |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $661.0K |
| EBIT | $14M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $661.0K |
| Stock-Based Compensation | $124.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $205M |
| OPERATING CASH FLOW | $222M |
| Capital Expenditure | -$48.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$27.0K |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | -$335M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $52M |
| NET CASH FROM FINANCING | -$298M |
| FREE CASH FLOW | $222M |
| Net Change in Cash | -$75M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $560M |
| Short-Term Investments | $24M |
| Net Receivables | $42M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $626M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $5M |
| Long-Term Investments | $5.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $30M |
| Short-Term Debt | $826M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $3.7B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $280M |
| Additional Paid-In Capital | $120M |
| Retained Earnings | $481M |
| Treasury Stock | -$61M |
| Accum. Other Comp. Income | $226M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $2.0B |
| Net Debt | $1.4B |
