| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $21M | $10M | -13.1% | 83.1% |
| Op. Income | $12M | $15M | $6M | -22.5% | 109.6% |
| Gross Margin | 86.7% | 90.5% | 92.4% | -3.8pp | -5.7pp |
| Net Margin | 65.4% | 73.0% | 55.9% | -7.6pp | 9.4pp |
| EPS (Diluted) | $0.72 | $0.93 | $0.34 | -22.6% | 111.8% |
| Free Cash Flow | -$18M | -$12M | -$3M | -47.1% | -542.7% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $2M |
| Operating Expenses | $4M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $12M |
| Interest Income | $8M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $60.0K |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $344.0K |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $2M |
| Operating Expenses | $4M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $12M |
| Interest Income | $8M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $60.0K |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $344.0K |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $344.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$18M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$18M |
| 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 | $26M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $998.0K |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $430M |
| TOTAL NON-CURRENT ASSETS | $432M |
| TOTAL ASSETS | $451M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $122M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $129M |
| TOTAL LIABILITIES | $144M |
| Common Stock | $5M |
| Additional Paid-In Capital | $263M |
| Retained Earnings | -$2M |
| Treasury Stock | -$24M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $66M |
| TOTAL STOCKHOLDERS' EQUITY | $307M |
| Minority Interest | $0 |
| TOTAL EQUITY | $307M |
| TOTAL LIABILITIES & EQUITY | $451M |
| Total Debt | $122M |
| Net Debt | $109M |
