| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $40M | $39M | 4.1% | 6.8% |
| Op. Income | $23M | $22M | $16M | 3.5% | 42.8% |
| Gross Margin | 87.6% | 87.8% | 88.3% | -0.2pp | -0.7pp |
| Net Margin | 43.5% | 44.9% | 38.8% | -1.4pp | 4.7pp |
| EPS (Diluted) | $0.28 | $0.28 | $0.23 | 0.0% | 21.7% |
| Free Cash Flow | $27M | $24M | $25M | 8.6% | 7.4% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $34M |
| Operating Expenses | $37M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $23M |
| Interest Income | $66.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $8.0K |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $7M |
| EBIT | $23M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $34M |
| Operating Expenses | $37M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $23M |
| Interest Income | $66.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $8.0K |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $7M |
| EBIT | $23M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $927.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$400.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$38M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | $33M |
| Common Stock Repurchased | -$52.0K |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $58M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $68M |
| PP&E (Net) | $76M |
| Goodwill | $0 |
| Intangible Assets | $76M |
| Long-Term Investments | $9M |
| Tax Assets | -$9M |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $406M |
| TOTAL CURRENT LIABILITIES | $433M |
| Long-Term Debt | $462M |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | -$6M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $74M |
| TOTAL LIABILITIES | $506M |
| Common Stock | $651.0K |
| Additional Paid-In Capital | $998M |
| Retained Earnings | $90M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$53M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $481M |
| Net Debt | $471M |
