| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $39M | $39M | 3.1% | 3.0% |
| Op. Income | $23M | $16M | $21M | 43.6% | 10.1% |
| Gross Margin | 88.7% | 88.3% | 89.0% | 0.4pp | -0.3pp |
| Net Margin | 47.4% | 38.8% | 51.6% | 8.6pp | -4.2pp |
| EPS (Diluted) | $0.31 | $0.23 | $0.31 | 34.8% | 0.0% |
| Free Cash Flow | $22M | $25M | $24M | -10.6% | -7.9% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $10M |
| Operating Expenses | $13M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $23M |
| Interest Income | $13.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $7.0K |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $7M |
| EBIT | $23M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $10M |
| Operating Expenses | $13M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $23M |
| Interest Income | $13.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $7.0K |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $7M |
| EBIT | $23M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$185.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$448M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $456M |
| NET CASH FROM FINANCING | -$899.0K |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$899.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $57M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $77M |
| PP&E (Net) | $76M |
| Goodwill | $0 |
| Intangible Assets | $76M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | -$19M |
| TOTAL CURRENT LIABILITIES | $325M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | -$8M |
| Other Non-Current Liabilities | $361M |
| TOTAL NON-CURRENT LIABILITIES | $75M |
| TOTAL LIABILITIES | $400M |
| Common Stock | $650.0K |
| Additional Paid-In Capital | $998M |
| Retained Earnings | $35M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $371M |
| Net Debt | $351M |
