| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $50M | $46M | 3.5% | 12.2% |
| Op. Income | $13M | $16M | $15M | -17.7% | -15.9% |
| Gross Margin | 78.0% | 79.3% | 85.8% | -1.3pp | -7.8pp |
| Net Margin | 20.7% | 26.1% | 27.5% | -5.3pp | -6.8pp |
| EPS (Diluted) | $0.28 | $0.34 | $0.33 | -17.6% | -15.2% |
| Free Cash Flow | $112M | $8M | $29M | 1356.7% | 285.9% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $13M |
| Operating Expenses | $28M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $13M |
| Interest Income | $45M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $2M |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $13M |
| Operating Expenses | $28M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $13M |
| Interest Income | $45M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $2M |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $57.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $192.0K |
| Change in Working Capital | $99M |
| OPERATING CASH FLOW | $112M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $129M |
| Purchases of Investments | -$64M |
| Sales/Maturities of Investments | $46M |
| Other Investing Activities | -$38M |
| NET CASH FROM INVESTING | $76M |
| Net Debt Issuance | -$163M |
| Common Stock Repurchased | -$8.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$160M |
| FREE CASH FLOW | $112M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $102M |
| Short-Term Investments | $687M |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $807M |
| PP&E (Net) | $94M |
| Goodwill | $146M |
| Intangible Assets | $31M |
| Long-Term Investments | $3.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $163M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $513M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $552M |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $379M |
| Retained Earnings | $230M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $178.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $609M |
| Minority Interest | $0 |
| TOTAL EQUITY | $609M |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $513M |
| Net Debt | $411M |
