| Metric | Q1 2015 | Q4 2014 | Q1 2014 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $24M | $20M | -0.3% | 16.1% |
| Op. Income | $20M | $14M | $12M | 39.9% | 61.4% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 45.4% | 30.5% | 29.9% | 14.9pp | 15.5pp |
| EPS (Diluted) | $0.48 | $0.34 | $0.28 | 41.2% | 71.4% |
| Free Cash Flow | -$28M | -$34M | — | 16.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $5M |
| EBIT | $20M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $5M |
| EBIT | $20M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $73M |
| Change in Working Capital | -$116M |
| OPERATING CASH FLOW | -$27M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$430.0K |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$30M |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$430.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $65M |
| NET CASH FROM FINANCING | $65M |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $86M |
| Short-Term Investments | $140M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $225M |
| PP&E (Net) | $61M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $67M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $0 |
| Short-Term Debt | $46M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $46M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $46M |
| TOTAL NON-CURRENT LIABILITIES | $46M |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $163M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $108M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $275M |
| Minority Interest | $0 |
| TOTAL EQUITY | $275M |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $46M |
| Net Debt | -$39M |
