| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $57M | $49M | $34M | 15.0% | 66.2% |
| Op. Income | -$6M | $26M | $28M | -124.9% | -122.8% |
| Gross Margin | -2.7% | 89.3% | 100.0% | -92.0pp | -102.7pp |
| Net Margin | -30.1% | 72.0% | 53.6% | -102.1pp | -83.8pp |
| EPS (Diluted) | $-0.18 | $0.37 | $0.22 | -148.6% | -181.8% |
| Free Cash Flow | -$134M | -$22M | -$95M | -516.5% | -40.5% |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $58M |
| GROSS PROFIT | -$2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $11M |
| Operating Expenses | $16M |
| Cost & Expenses | $16M |
| OPERATING INCOME | -$6M |
| Interest Income | $53M |
| Interest Expense | $11M |
| Other Income/Expenses | -$58M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $67.0K |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $52.0K |
| EBIT | -$17M |
| EBITDA | $43M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $52.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$118M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $447.0K |
| OPERATING CASH FLOW | -$134M |
| Capital Expenditure | -$150.0K |
| Acquisitions (Net) | $475.0K |
| Purchases of Investments | -$961M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | $940M |
| NET CASH FROM INVESTING | -$150.0K |
| Net Debt Issuance | $169M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$31M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $134M |
| FREE CASH FLOW | -$134M |
| Net Change in Cash | $216.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $26M |
| Short-Term Debt | $53M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $146M |
| TOTAL CURRENT LIABILITIES | $225M |
| Long-Term Debt | $964M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$199M |
| TOTAL NON-CURRENT LIABILITIES | $765M |
| TOTAL LIABILITIES | $990M |
| Common Stock | $96.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$93M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $955M |
| Minority Interest | $0 |
| TOTAL EQUITY | $955M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $964M |
| Net Debt | $930M |
