| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | $36M | $30M | 3.8% | 23.4% |
| Op. Income | $19M | $8M | $16M | 128.8% | 19.5% |
| Gross Margin | 90.2% | 89.7% | 90.2% | 0.5pp | -0.0pp |
| Net Margin | 38.9% | 6.2% | 33.8% | 32.6pp | 5.1pp |
| EPS (Diluted) | $0.19 | $0.03 | $0.15 | 537.6% | 26.7% |
| Free Cash Flow | $22M | $22M | $20M | 1.0% | 9.9% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $19M |
| Interest Income | $518.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $12M |
| EBIT | $22M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $19M |
| Interest Income | $518.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $12M |
| EBIT | $22M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $904.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$27.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$35M |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | $35M |
| Common Stock Repurchased | -$605.0K |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$10.0K |
| NET CASH FROM FINANCING | $20M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $22M |
| PP&E (Net) | $1.2B |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $18M |
| Tax Assets | -$1.2B |
| Other Non-Current Assets | -$935.0K |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.2B |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $231M |
| Long-Term Debt | $594M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $394M |
| TOTAL LIABILITIES | $625M |
| Common Stock | $755.0K |
| Additional Paid-In Capital | $784M |
| Retained Earnings | -$190M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$190M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $594M |
| Minority Interest | $0 |
| TOTAL EQUITY | $594M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $594M |
| Net Debt | $580M |
