| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $11M | $21M | 56.3% | -13.5% |
| Op. Income | $11M | $4M | $15M | 149.1% | -29.7% |
| Gross Margin | 81.1% | 70.5% | 90.5% | 10.6pp | -9.4pp |
| Net Margin | 59.1% | 38.0% | 73.0% | 21.1pp | -13.9pp |
| EPS (Diluted) | $0.60 | $0.25 | $0.93 | 140.0% | -35.5% |
| Free Cash Flow | -$17M | $511.0K | -$12M | -3455.4% | -38.4% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $3M |
| Operating Expenses | $4M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $11M |
| Interest Income | $10M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $134.0K |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $341.0K |
| EBIT | $11M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $3M |
| Operating Expenses | $4M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $11M |
| Interest Income | $10M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $134.0K |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $341.0K |
| EBIT | $11M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $341.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$26M |
| Change in Working Capital | -$2M |
| 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 | $19M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $19.0K |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$850.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $530M |
| TOTAL NON-CURRENT ASSETS | $531M |
| TOTAL ASSETS | $552M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $216M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $226M |
| TOTAL LIABILITIES | $226M |
| Common Stock | $5M |
| Additional Paid-In Capital | $281M |
| Retained Earnings | $64M |
| Treasury Stock | -$24M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $326M |
| Minority Interest | $0 |
| TOTAL EQUITY | $326M |
| TOTAL LIABILITIES & EQUITY | $552M |
| Total Debt | $216M |
| Net Debt | $206M |
