| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $32M | $30M | -2.9% | 3.3% |
| Op. Income | $11M | $11M | $10M | -2.1% | 11.7% |
| Gross Margin | 80.0% | 75.5% | 77.6% | 4.4pp | 2.4pp |
| Net Margin | 24.7% | 27.6% | -3.8% | -2.9pp | 28.6pp |
| EPS (Diluted) | $0.32 | $0.36 | $-0.05 | -11.1% | 740.0% |
| Free Cash Flow | $10M | $11M | $12M | -15.0% | -15.3% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $6M |
| Operating Expenses | $14M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $11M |
| Interest Income | $31M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $6M |
| Operating Expenses | $14M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $11M |
| Interest Income | $31M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | -$47.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | $72.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$79M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $73M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $143M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $172M |
| PP&E (Net) | $32M |
| Goodwill | $102M |
| Intangible Assets | $9M |
| Long-Term Investments | $2.3B |
| Tax Assets | $14M |
| Other Non-Current Assets | $107M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $0 |
| Short-Term Debt | $182M |
| 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 | $17M |
| TOTAL NON-CURRENT LIABILITIES | $73M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $240.0K |
| Additional Paid-In Capital | $306M |
| Retained Earnings | $45M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $348M |
| Minority Interest | $0 |
| TOTAL EQUITY | $348M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $239M |
| Net Debt | $211M |
