| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35M | $24M | $11M | 47.0% | 219.1% |
| Op. Income | $32M | $22M | $8M | 48.0% | 297.1% |
| Gross Margin | 95.1% | 93.7% | 93.4% | 1.4pp | 1.7pp |
| Net Margin | 91.5% | 90.9% | 73.5% | 0.6pp | 18.0pp |
| EPS (Diluted) | $0.99 | $0.67 | $0.26 | 47.8% | 280.8% |
| Free Cash Flow | $11M | -$4M | $26M | 343.6% | -59.4% |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | -$82.0K |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $32M |
| Interest Income | $13M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $93.0K |
| EBIT | $32M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | -$82.0K |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $32M |
| Interest Income | $13M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $93.0K |
| EBIT | $32M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $93.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$30M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$154.0K |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$653.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $16M |
| Tax Assets | $0 |
| Other Non-Current Assets | $616M |
| TOTAL NON-CURRENT ASSETS | $632M |
| TOTAL ASSETS | $639M |
| Account Payables | $832.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $832.0K |
| Long-Term Debt | $108M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $150M |
| TOTAL NON-CURRENT LIABILITIES | $258M |
| TOTAL LIABILITIES | $259M |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $332M |
| Retained Earnings | -$3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $50M |
| TOTAL STOCKHOLDERS' EQUITY | $380M |
| Minority Interest | $0 |
| TOTAL EQUITY | $380M |
| TOTAL LIABILITIES & EQUITY | $639M |
| Total Debt | $108M |
| Net Debt | $106M |
