| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | $43M | — | -54.5% | — |
| Op. Income | $23M | $19M | — | 22.6% | — |
| Gross Margin | 100.0% | 87.1% | — | 12.9pp | — |
| Net Margin | 71.4% | 71.0% | — | 0.5pp | — |
| EPS (Diluted) | $0.17 | $0.41 | — | -58.5% | — |
| Free Cash Flow | -$80M | $23M | — | -442.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $2M |
| Operating Expenses | $6M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $23M |
| Interest Income | $43M |
| Interest Expense | $9M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $266.0K |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $50.0K |
| EBIT | $35M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $2M |
| Operating Expenses | $6M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $23M |
| Interest Income | $43M |
| Interest Expense | $9M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $266.0K |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $50.0K |
| EBIT | $35M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $50.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$95M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | -$80M |
| Capital Expenditure | -$25.0K |
| Acquisitions (Net) | $662M |
| Purchases of Investments | -$681M |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | $658.0K |
| NET CASH FROM INVESTING | $633.0K |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | -$391.0K |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $42M |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | -$80M |
| Net Change in Cash | -$56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | -$21M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $655M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $188M |
| TOTAL LIABILITIES | $676M |
| Common Stock | $80.0K |
| Additional Paid-In Capital | $840M |
| Retained Earnings | $37M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$51M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $788M |
| Minority Interest | $0 |
| TOTAL EQUITY | $788M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $655M |
| Net Debt | $642M |
