| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $30M | $36M | 74.4% | 44.0% |
| Op. Income | $33M | $14M | $21M | 134.2% | 53.5% |
| Gross Margin | 66.9% | 54.9% | 64.4% | 12.1pp | 2.5pp |
| Net Margin | 45.9% | 1.6% | 42.2% | 44.3pp | 3.7pp |
| EPS (Diluted) | $0.44 | $0.01 | $0.41 | 4300.0% | 7.3% |
| Free Cash Flow | $37M | -$137M | -$251M | 127.2% | 114.8% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $33M |
| Interest Income | $349.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $183.0K |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $9M |
| EBIT | $35M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $33M |
| Interest Income | $349.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $183.0K |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $9M |
| EBIT | $35M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $65.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $934.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$126.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7.0K |
| NET CASH FROM INVESTING | -$126.0K |
| Net Debt Issuance | $41M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $35M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | $73M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $129M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $3M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $144M |
| PP&E (Net) | $1.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $636.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $349M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $582.0K |
| Short-Term Debt | $37M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $302M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.0K |
| TOTAL NON-CURRENT LIABILITIES | $744M |
| TOTAL LIABILITIES | $802M |
| Common Stock | $5M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$356M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $839M |
| Minority Interest | $0 |
| TOTAL EQUITY | $839M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $781M |
| Net Debt | $652M |
