| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $31M | $30M | 5.1% | 9.4% |
| Op. Income | $8M | $11M | $10M | -30.5% | -27.4% |
| Gross Margin | 72.6% | 80.0% | 81.2% | -7.3pp | -8.5pp |
| Net Margin | 18.4% | 24.7% | 27.6% | -6.3pp | -9.2pp |
| EPS (Diluted) | $0.25 | $0.32 | $0.34 | -21.9% | -26.5% |
| Free Cash Flow | $12M | $10M | $13M | 19.8% | -8.6% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $10M |
| Operating Expenses | $16M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $8M |
| Interest Income | $30M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $2M |
| EBIT | $8M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $10M |
| Operating Expenses | $16M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $8M |
| Interest Income | $30M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $2M |
| EBIT | $8M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $104.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$982.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$7.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $23M |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | -$33M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $156M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $188M |
| PP&E (Net) | $39M |
| Goodwill | $102M |
| Intangible Assets | $8M |
| Long-Term Investments | $2.2B |
| Tax Assets | $14M |
| Other Non-Current Assets | $110M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $0 |
| Short-Term Debt | $149M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $57M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $91M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $241.0K |
| Additional Paid-In Capital | $306M |
| Retained Earnings | $48M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $353M |
| Minority Interest | $0 |
| TOTAL EQUITY | $353M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $215M |
| Net Debt | $183M |
