| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $71M | $36M | $57M | 97.3% | 24.1% |
| Op. Income | $57M | $34M | -$6M | 67.0% | 981.5% |
| Gross Margin | 100.0% | 78.9% | -2.7% | 21.1pp | 102.7pp |
| Net Margin | 63.2% | 53.9% | -30.1% | 9.3pp | 93.3pp |
| EPS (Diluted) | $0.42 | $0.18 | $-0.18 | 133.3% | 333.3% |
| Free Cash Flow | -$14M | $25M | -$134M | -157.2% | 89.5% |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $12M |
| General & Administrative | $2M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $57M |
| Interest Income | $66M |
| Interest Expense | $15M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $87.0K |
| EBIT | $56M |
| EBITDA | $56M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $12M |
| General & Administrative | $2M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $57M |
| Interest Income | $66M |
| Interest Expense | $15M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $87.0K |
| EBIT | $56M |
| EBITDA | $56M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$68M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$111.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$111.0K |
| Net Debt Issuance | $92M |
| Common Stock Repurchased | -$55.0K |
| Common Dividends Paid | -$39M |
| Other Financing Activities | $37M |
| NET CASH FROM FINANCING | $93M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | $79M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $0 |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $51M |
| TOTAL CURRENT ASSETS | $135M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $580.0K |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $30M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $108.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$12M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $1.3B |
| Net Debt | $1.2B |
