| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $125M | $125M | $109M | -0.3% | 15.0% |
| Op. Income | $7M | $9M | -$17M | -25.5% | 138.9% |
| Gross Margin | 31.0% | 31.9% | 42.4% | -0.9pp | -11.4pp |
| Net Margin | 3.1% | 4.8% | -4.6% | -1.6pp | 7.8pp |
| EPS (Diluted) | $0.15 | $0.23 | $-0.21 | -34.8% | 171.4% |
| Free Cash Flow | $34M | $11M | -$91M | 212.5% | 137.5% |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $86M |
| GROSS PROFIT | $39M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $16M |
| Operating Expenses | $32M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $6M |
| EBIT | $11M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $86M |
| GROSS PROFIT | $39M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $16M |
| Operating Expenses | $32M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $6M |
| EBIT | $11M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$856.0K |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $2M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $250M |
| Short-Term Investments | $526M |
| Net Receivables | $57M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $307M |
| PP&E (Net) | $18M |
| Goodwill | $152M |
| Intangible Assets | $77M |
| Long-Term Investments | $526M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$526M |
| TOTAL NON-CURRENT ASSETS | $247M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $176M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | -$192M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $149M |
| Deferred Revenue NC | $45M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $325M |
| Retained Earnings | $196M |
| Treasury Stock | -$89M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $425M |
| Minority Interest | $0 |
| TOTAL EQUITY | $425M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $149M |
| Net Debt | -$101M |
