| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $71M | $68M | $82M | 3.2% | -13.5% |
| Op. Income | $22M | $20M | $21M | 8.2% | 6.6% |
| Gross Margin | 47.3% | 42.3% | 43.4% | 5.0pp | 3.9pp |
| Net Margin | 31.3% | 29.9% | 25.4% | 1.4pp | 5.9pp |
| EPS (Diluted) | $0.56 | $0.52 | $0.52 | 7.7% | 7.7% |
| Free Cash Flow | -$276M | -$126M | $132M | -119.3% | -309.9% |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $5M |
| Operating Expenses | $11M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $22M |
| Interest Income | $64M |
| Interest Expense | $37M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $921.0K |
| EBIT | $22M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $5M |
| Operating Expenses | $11M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $22M |
| Interest Income | $64M |
| Interest Expense | $37M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $921.0K |
| EBIT | $22M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $921.0K |
| Stock-Based Compensation | $442.0K |
| Deferred Income Tax | $21M |
| Other Non-Cash Items | -$27M |
| Change in Working Capital | -$293M |
| OPERATING CASH FLOW | -$276M |
| Capital Expenditure | -$621.0K |
| Acquisitions (Net) | -$140.0K |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $640.0K |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | $493M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | $462M |
| FREE CASH FLOW | -$276M |
| Net Change in Cash | $196M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $42M |
| Inventory | $4M |
| Other Current Assets | $5.9B |
| TOTAL CURRENT ASSETS | $7.1B |
| PP&E (Net) | $19M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $89M |
| Tax Assets | -$6.1B |
| Other Non-Current Assets | $6.1B |
| TOTAL NON-CURRENT ASSETS | $109M |
| TOTAL ASSETS | $7.2B |
| Account Payables | $18M |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$12M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.5B |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $280M |
| Additional Paid-In Capital | $120M |
| Retained Earnings | $446M |
| Treasury Stock | -$60M |
| Accum. Other Comp. Income | $229M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $3.1B |
| Net Debt | $2.0B |
