| Metric | Q4 2015 | Q3 2015 | Q4 2014 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $25M | $24M | 12.0% | 19.2% |
| Op. Income | $15M | $19M | $14M | -18.3% | 8.8% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 24.1% | 36.7% | 30.5% | -12.6pp | -6.5pp |
| EPS (Diluted) | $0.31 | $0.42 | $0.34 | -26.2% | -8.8% |
| Free Cash Flow | -$47M | $139M | -$34M | -134.1% | -38.3% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | -$6M |
| EBIT | $15M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | -$6M |
| EBIT | $15M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | -$6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | -$49M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$44M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $796.0K |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | -$42M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $60M |
| NET CASH FROM FINANCING | $60M |
| FREE CASH FLOW | -$47M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $15M |
| Net Receivables | $2.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $80M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $67M |
| Tax Assets | $22M |
| Other Non-Current Assets | $765M |
| TOTAL NON-CURRENT ASSETS | $934M |
| TOTAL ASSETS | $3.8B |
| Account Payables | $0 |
| Short-Term Debt | $210M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $210M |
| Long-Term Debt | $120M |
| Deferred Revenue NC | $86M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | -$86M |
| TOTAL NON-CURRENT LIABILITIES | $124M |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $170M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $130M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $301M |
| Minority Interest | $0 |
| TOTAL EQUITY | $301M |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $330M |
| Net Debt | $326M |
