| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $83M | $82M | $87M | 1.8% | -4.8% |
| Op. Income | $29M | $26M | $31M | 11.3% | -8.0% |
| Gross Margin | 43.4% | 41.4% | 44.9% | 2.0pp | -1.5pp |
| Net Margin | 102.6% | 175.7% | 29.1% | -73.1pp | 73.5pp |
| EPS (Diluted) | $1.65 | $2.95 | $0.50 | -44.1% | 230.0% |
| Free Cash Flow | $44M | $51M | $44M | -14.4% | -1.0% |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | $57M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $271.0K |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $38M |
| EBIT | $100M |
| EBITDA | $138M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | $57M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $271.0K |
| Net Income from Continuing Ops | $85M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $85M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $38M |
| EBIT | $100M |
| EBITDA | $138M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $85M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$91M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$67M |
| NET CASH FROM INVESTING | -$72M |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | $5M |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $66M |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $123M |
| Short-Term Investments | $0 |
| Net Receivables | $70M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $199M |
| PP&E (Net) | $38M |
| Goodwill | $0 |
| Intangible Assets | $410M |
| Long-Term Investments | $57M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.5B |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $30M |
| Short-Term Debt | $0 |
| Deferred Revenue | $34M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $104M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $34M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $94M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $25.0K |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $20M |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
