| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | -$6M | $31M | 607.0% | 0.8% |
| Op. Income | $16M | -$22M | $20M | 175.3% | -16.8% |
| Gross Margin | 58.4% | 309.4% | 71.3% | -251.0pp | -12.9pp |
| Net Margin | 52.4% | 352.6% | 63.5% | -300.2pp | -11.1pp |
| EPS (Diluted) | $0.29 | $-0.38 | $0.34 | 176.3% | -14.7% |
| Free Cash Flow | $22M | $17M | -$25M | 26.3% | 187.6% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $265.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $16M |
| Interest Income | $48M |
| Interest Expense | $13M |
| 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 | $31M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $265.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $16M |
| Interest Income | $48M |
| Interest Expense | $13M |
| 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 | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $45M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | $22M |
| 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 | -$16M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$32M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $61M |
| Inventory | -$88.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $68M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$1.8B |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$18M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $876M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$876M |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $908M |
| Common Stock | $113.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$74M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $981M |
| Minority Interest | $0 |
| TOTAL EQUITY | $981M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $876M |
| Net Debt | $869M |
