| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $35M | $7M | -39.7% | 202.9% |
| Op. Income | $16M | $29M | $5M | -46.0% | 244.0% |
| Gross Margin | 86.0% | 91.9% | 98.3% | -5.9pp | -12.3pp |
| Net Margin | 76.0% | 84.8% | 66.9% | -8.8pp | 9.1pp |
| EPS (Diluted) | $0.28 | $0.55 | $0.09 | -49.1% | 215.3% |
| Free Cash Flow | -$216M | -$8M | -$14M | -2584.6% | -1403.6% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $314.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $16M |
| Interest Income | $27M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $0 |
| EBIT | $16M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $314.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $16M |
| Interest Income | $27M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $0 |
| EBIT | $16M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | -$3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$381M |
| Change in Working Capital | $152M |
| OPERATING CASH FLOW | -$216M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $232M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $224M |
| FREE CASH FLOW | -$216M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $0 |
| Net Receivables | $27M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $51M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $134.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $30M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $451M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $471M |
| TOTAL LIABILITIES | $501M |
| Common Stock | $111.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$29M |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $451M |
| Net Debt | $428M |
