| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | $57M | $52M | 3.7% | 12.4% |
| Op. Income | $22M | $22M | $23M | 1.4% | -4.1% |
| Gross Margin | 69.1% | 70.9% | 76.3% | -1.8pp | -7.2pp |
| Net Margin | 31.8% | 35.1% | 20.3% | -3.4pp | 11.5pp |
| EPS (Diluted) | $0.58 | $0.61 | $0.33 | -4.9% | 75.8% |
| Free Cash Flow | $21M | $12M | $62M | 83.0% | -65.8% |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $244.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $6M |
| Operating Expenses | $18M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $22M |
| Interest Income | $57M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $870.0K |
| EBIT | $22M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $244.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $6M |
| Operating Expenses | $18M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $22M |
| Interest Income | $57M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $870.0K |
| EBIT | $22M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $870.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$657.0K |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$422.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | -$76M |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | -$30M |
| Common Stock Repurchased | -$875.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $103M |
| NET CASH FROM FINANCING | $70M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $172M |
| Short-Term Investments | $412M |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $603M |
| PP&E (Net) | $19M |
| Goodwill | $146M |
| Intangible Assets | $2M |
| Long-Term Investments | $4.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $175M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.1B |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $729M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $756M |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $413M |
| Additional Paid-In Capital | $16M |
| Retained Earnings | $211M |
| Treasury Stock | -$17M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $614M |
| Minority Interest | $0 |
| TOTAL EQUITY | $614M |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $729M |
| Net Debt | $556M |
