| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $39M | $36M | 2.1% | 10.6% |
| Op. Income | $22M | $21M | $8M | 4.2% | 161.7% |
| Gross Margin | 90.8% | 90.4% | 89.7% | 0.4pp | 1.1pp |
| Net Margin | 38.8% | 37.0% | 6.2% | 1.8pp | 32.6pp |
| EPS (Diluted) | $0.18 | $0.18 | $0.03 | 0.0% | 504.0% |
| Free Cash Flow | $26M | $30M | $22M | -11.0% | 21.2% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $22M |
| Interest Income | $330.0K |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $330.0K |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $12M |
| EBIT | $16M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $22M |
| Interest Income | $330.0K |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $330.0K |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $12M |
| EBIT | $16M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$227.0K |
| Change in Working Capital | -$920.0K |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$520.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$43M |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $49M |
| NET CASH FROM FINANCING | $37M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $57M |
| PP&E (Net) | $1.2B |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $18M |
| Tax Assets | -$1.2B |
| Other Non-Current Assets | -$2M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $129M |
| Long-Term Debt | $490M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $395M |
| TOTAL LIABILITIES | $524M |
| Common Stock | $859.0K |
| Additional Paid-In Capital | $966M |
| Retained Earnings | -$198M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$198M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $768M |
| Minority Interest | $0 |
| TOTAL EQUITY | $768M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $490M |
| Net Debt | $453M |
