| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77M | $75M | $65M | 2.7% | 18.5% |
| Op. Income | $20M | $28M | $25M | -28.7% | -18.0% |
| Gross Margin | 78.2% | 79.2% | 83.2% | -1.1pp | -5.1pp |
| Net Margin | 21.1% | 31.5% | 32.3% | -10.4pp | -11.3pp |
| EPS (Diluted) | $0.67 | $1.02 | $0.90 | -34.3% | -25.6% |
| Free Cash Flow | $14M | $48M | $22M | -70.1% | -33.9% |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $18M |
| Operating Expenses | $40M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $20M |
| Interest Income | $68M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $4M |
| 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 | $16M |
| D&A | $2M |
| EBIT | $20M |
| EBITDA | $22M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $18M |
| Operating Expenses | $40M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $20M |
| Interest Income | $68M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $4M |
| 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 | $16M |
| D&A | $2M |
| EBIT | $20M |
| EBITDA | $22M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $921.0K |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$23M |
| Purchases of Investments | -$237M |
| Sales/Maturities of Investments | $300M |
| Other Investing Activities | $14M |
| NET CASH FROM INVESTING | $53M |
| Net Debt Issuance | $94M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$134M |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $223M |
| Short-Term Investments | $1.1B |
| Net Receivables | $26M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $75M |
| Goodwill | $208M |
| Intangible Assets | $31M |
| Long-Term Investments | $5.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $159M |
| TOTAL NON-CURRENT ASSETS | $5.6B |
| TOTAL ASSETS | $6.9B |
| Account Payables | $3M |
| Short-Term Debt | $172M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.5B |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $361M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $46M |
| TOTAL NON-CURRENT LIABILITIES | $422M |
| TOTAL LIABILITIES | $6.1B |
| Common Stock | $280.0K |
| Additional Paid-In Capital | $522M |
| Retained Earnings | $317M |
| Treasury Stock | -$43M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $798M |
| Minority Interest | $0 |
| TOTAL EQUITY | $798M |
| TOTAL LIABILITIES & EQUITY | $6.9B |
| Total Debt | $549M |
| Net Debt | $326M |
