| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $33M | $40M | 30.2% | 5.8% |
| Op. Income | $24M | $13M | $22M | 90.3% | 10.2% |
| Gross Margin | 96.7% | 94.4% | 90.8% | 2.3pp | 5.9pp |
| Net Margin | 48.8% | -30.9% | 38.8% | 79.7pp | 10.0pp |
| EPS (Diluted) | $0.22 | $-0.11 | $0.18 | 300.0% | 22.2% |
| Free Cash Flow | $28M | $33M | $26M | -16.1% | 5.0% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $13M |
| Operating Expenses | $17M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $24M |
| Interest Income | $2M |
| Interest Expense | $7M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $13M |
| EBIT | $28M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $13M |
| Operating Expenses | $17M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $24M |
| Interest Income | $2M |
| Interest Expense | $7M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $13M |
| EBIT | $28M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $982.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$39.0K |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $68M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $33M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $15M |
| Short-Term Debt | $60M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $97M |
| Long-Term Debt | $495M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $495M |
| TOTAL LIABILITIES | $591M |
| Common Stock | $951.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$236M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $928M |
| Minority Interest | $0 |
| TOTAL EQUITY | $928M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $555M |
| Net Debt | $534M |
