| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $32M | $27M | 5.4% | 25.4% |
| Op. Income | $3M | $7M | $7M | -53.9% | -53.8% |
| Gross Margin | 46.8% | 52.6% | 61.1% | -5.8pp | -14.3pp |
| Net Margin | 10.6% | 19.7% | 13.0% | -9.1pp | -2.4pp |
| EPS (Diluted) | $0.35 | $0.61 | $0.41 | -42.6% | -14.6% |
| Free Cash Flow | $5M | $7M | -$3M | -31.0% | 283.9% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $543.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $5M |
| Operating Expenses | $13M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $3M |
| Interest Income | $32M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$334.0K |
| 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 | $1M |
| EBIT | $3M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $543.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $5M |
| Operating Expenses | $13M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $3M |
| Interest Income | $32M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$334.0K |
| 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 | $1M |
| EBIT | $3M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $339.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | -$214M |
| NET CASH FROM INVESTING | -$227M |
| Net Debt Issuance | $100M |
| Common Stock Repurchased | -$216.0K |
| Common Dividends Paid | -$610.0K |
| Other Financing Activities | $225M |
| NET CASH FROM FINANCING | $324M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $103M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $189M |
| Short-Term Investments | $481M |
| Net Receivables | $936M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $11M |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $1.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $100M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $559M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $559M |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $228M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $78M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $289M |
| Minority Interest | $0 |
| TOTAL EQUITY | $289M |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $559M |
| Net Debt | $370M |
