| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63M | $64M | $49M | -2.8% | 26.8% |
| Op. Income | $20M | $21M | $13M | -4.8% | 52.3% |
| Gross Margin | 74.3% | 77.7% | 84.6% | -3.4pp | -10.3pp |
| Net Margin | 22.6% | 22.9% | 4.6% | -0.3pp | 18.0pp |
| EPS (Diluted) | $0.31 | $0.33 | $0.06 | -6.1% | 416.7% |
| Free Cash Flow | $8M | $26M | $10M | -69.1% | -18.1% |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $10M |
| Operating Expenses | $27M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $20M |
| Interest Income | $57M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $2M |
| EBIT | $20M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $10M |
| Operating Expenses | $27M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $20M |
| Interest Income | $57M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $2M |
| EBIT | $20M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $455.0K |
| Deferred Income Tax | $425.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$592.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | -$345M |
| NET CASH FROM INVESTING | -$337M |
| Net Debt Issuance | $991M |
| Common Stock Repurchased | -$497.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$136M |
| NET CASH FROM FINANCING | $340M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67M |
| Short-Term Investments | $810M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $877M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4.8B |
| Tax Assets | $13M |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $5.8B |
| Account Payables | $40M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.5B |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $708M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $708M |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $44.0K |
| Additional Paid-In Capital | $432M |
| Retained Earnings | $128M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $559M |
| Minority Interest | $0 |
| TOTAL EQUITY | $559M |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $708M |
| Net Debt | $641M |
