| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $30M | $21M | 2.0% | 48.8% |
| Op. Income | $20M | $20M | $16M | -1.8% | 24.3% |
| Gross Margin | 71.3% | 75.3% | 86.0% | -4.0pp | -14.7pp |
| Net Margin | 63.5% | 65.9% | 76.0% | -2.5pp | -12.5pp |
| EPS (Diluted) | $0.34 | $0.36 | $0.28 | -5.6% | 21.4% |
| Free Cash Flow | -$25M | -$34M | -$216M | 27.1% | 88.6% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $329.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $20M |
| Interest Income | $41M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $0 |
| EBIT | $20M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $329.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $20M |
| Interest Income | $41M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $0 |
| EBIT | $20M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$48M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$322M |
| Sales/Maturities of Investments | $60M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$262M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$477.0K |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | -$43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $39M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $56M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $43M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $706M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $714M |
| TOTAL LIABILITIES | $757M |
| Common Stock | $116.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $11M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$29M |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $706M |
| Net Debt | $692M |
