| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | $41M | $26M | -9.0% | 46.9% |
| Op. Income | $11M | $10M | -$1M | 12.9% | 1045.3% |
| Gross Margin | 59.0% | 53.0% | 27.0% | 6.0pp | 32.0pp |
| Net Margin | 36.2% | 21.9% | -4.8% | 14.4pp | 41.0pp |
| EPS (Diluted) | $0.21 | $0.16 | $-0.03 | 31.2% | 800.0% |
| Free Cash Flow | $3M | $29M | $5M | -88.1% | -35.4% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $7M |
| Operating Expenses | $11M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $11M |
| Interest Income | $18M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | -$2M |
| 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 | $1M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $7M |
| Operating Expenses | $11M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $11M |
| Interest Income | $18M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | -$2M |
| 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 | $1M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $46M |
| NET CASH FROM INVESTING | $27M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | $17M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $62M |
| Short-Term Investments | $0 |
| Net Receivables | $918M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $96M |
| Long-Term Investments | $637M |
| Tax Assets | $0 |
| Other Non-Current Assets | $431M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $33M |
| Short-Term Debt | $123M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$78M |
| TOTAL CURRENT LIABILITIES | $33M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $629.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$171M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$375.0K |
| TOTAL STOCKHOLDERS' EQUITY | $839M |
| Minority Interest | $3M |
| TOTAL EQUITY | $842M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $1.2B |
| Net Debt | $1.2B |
