| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $12M | $7M | -9.5% | 51.8% |
| Op. Income | $7M | $8M | $4M | -21.9% | 69.9% |
| Gross Margin | 94.9% | 97.1% | 100.0% | -2.2pp | -5.1pp |
| Net Margin | 55.6% | 66.4% | 65.9% | -10.8pp | -10.3pp |
| EPS (Diluted) | $0.37 | $0.49 | $0.30 | -24.5% | 23.3% |
| Free Cash Flow | -$17M | -$39M | -$104M | 55.8% | 83.4% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $543.0K |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $3M |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $7M |
| Interest Income | $22M |
| Interest Expense | $543.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $607.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $181.0K |
| EBIT | $7M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $543.0K |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $3M |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $7M |
| Interest Income | $22M |
| Interest Expense | $543.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $607.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $181.0K |
| EBIT | $7M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $181.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$20M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$17M |
| 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 | $10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$341.0K |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $26M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $298M |
| TOTAL NON-CURRENT ASSETS | $300M |
| TOTAL ASSETS | $326M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $41M |
| Common Stock | $5M |
| Additional Paid-In Capital | $261M |
| Retained Earnings | -$1M |
| Treasury Stock | -$24M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $44M |
| TOTAL STOCKHOLDERS' EQUITY | $285M |
| Minority Interest | $0 |
| TOTAL EQUITY | $285M |
| TOTAL LIABILITIES & EQUITY | $326M |
| Total Debt | $25M |
| Net Debt | $3M |
