| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $4M | -7.0% | 10.5% |
| Op. Income | $365.0K | $528.0K | $566.0K | -30.9% | -35.5% |
| Gross Margin | 77.9% | 80.6% | 84.2% | -2.7pp | -6.3pp |
| Net Margin | 8.0% | 10.6% | -4.4% | -2.6pp | 12.3pp |
| EPS (Diluted) | $0.11 | $0.16 | $-0.05 | -31.3% | 320.0% |
| Free Cash Flow | -$109.0K | $2M | $546.0K | -105.5% | -120.0% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $854.0K |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $39.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $615.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $365.0K |
| Interest Income | $4M |
| Interest Expense | $599.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $365.0K |
| Income Tax Expense | $57.0K |
| Net Income from Continuing Ops | $308.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $308.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $308.0K |
| D&A | $241.0K |
| EBIT | $365.0K |
| EBITDA | $606.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $854.0K |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $39.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $615.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $365.0K |
| Interest Income | $4M |
| Interest Expense | $599.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $365.0K |
| Income Tax Expense | $57.0K |
| Net Income from Continuing Ops | $308.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $308.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $308.0K |
| D&A | $241.0K |
| EBIT | $365.0K |
| EBITDA | $606.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $308.0K |
| Depreciation & Amortization | $241.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$38.0K |
| Capital Expenditure | -$71.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $39.0K |
| Net Debt Issuance | $15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$178.0K |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | $463.0K |
| FREE CASH FLOW | -$109.0K |
| Net Change in Cash | $464.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $82M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $100M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $297M |
| Tax Assets | $1M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $313M |
| TOTAL ASSETS | $413M |
| Account Payables | $0 |
| Short-Term Debt | $55M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $322M |
| TOTAL CURRENT LIABILITIES | $379M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $285.0K |
| TOTAL NON-CURRENT LIABILITIES | $285.0K |
| TOTAL LIABILITIES | $379M |
| Common Stock | $3M |
| Additional Paid-In Capital | $10M |
| Retained Earnings | $22M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34M |
| Minority Interest | $0 |
| TOTAL EQUITY | $34M |
| TOTAL LIABILITIES & EQUITY | $413M |
| Total Debt | $55M |
| Net Debt | $39M |
