| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $75M | $65M | -6.5% | 8.6% |
| Op. Income | $22M | $58M | $20M | -61.1% | 14.7% |
| Gross Margin | 44.5% | 46.7% | 41.9% | -2.3pp | 2.6pp |
| Net Margin | 19.5% | 45.3% | 20.0% | -25.8pp | -0.5pp |
| EPS (Diluted) | $0.09 | $0.21 | $0.08 | -57.1% | 12.5% |
| Free Cash Flow | $9M | $17M | -$896.0K | -49.3% | 1090.5% |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $257.0K |
| Operating Expenses | $7M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $22M |
| Interest Income | $626.9K |
| Interest Expense | $923.2K |
| Other Income/Expenses | -$108.0K |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $9M |
| 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 | $11M |
| EBIT | $23M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $257.0K |
| Operating Expenses | $7M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $22M |
| Interest Income | $626.9K |
| Interest Expense | $923.2K |
| Other Income/Expenses | -$108.0K |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $9M |
| 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 | $11M |
| EBIT | $23M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | -$4M |
| Stock-Based Compensation | -$3M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $178.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$46M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | -$543.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$792.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $171M |
| Short-Term Investments | $47M |
| Net Receivables | $25M |
| Inventory | $19M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $270M |
| PP&E (Net) | $431M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $437M |
| TOTAL ASSETS | $708M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $36M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $50M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $27M |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $80M |
| TOTAL LIABILITIES | $130M |
| Common Stock | $418M |
| Additional Paid-In Capital | $418M |
| Retained Earnings | $143M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $17M |
| Other Equity | -$418M |
| TOTAL STOCKHOLDERS' EQUITY | $578M |
| Minority Interest | $0 |
| TOTAL EQUITY | $578M |
| TOTAL LIABILITIES & EQUITY | $708M |
| Total Debt | $40M |
| Net Debt | -$131M |
