| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $53M | $39M | -20.7% | 7.6% |
| Op. Income | $14M | $21M | $20M | -33.2% | -28.5% |
| Gross Margin | 61.8% | 67.7% | 73.8% | -5.9pp | -11.9pp |
| Net Margin | 24.9% | 28.9% | 38.2% | -3.9pp | -13.3pp |
| EPS (Diluted) | $0.23 | $0.34 | $0.33 | -32.4% | -30.3% |
| Free Cash Flow | -$1M | $90M | -$125M | -101.6% | 98.8% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $3M |
| Operating Expenses | $12M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $14M |
| Interest Income | $40M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $4M |
| 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 | $10M |
| D&A | $137.0K |
| EBIT | $14M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $3M |
| Operating Expenses | $12M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $14M |
| Interest Income | $40M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $4M |
| 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 | $10M |
| D&A | $137.0K |
| EBIT | $14M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $137.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$46M |
| Change in Working Capital | $38M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$45M |
| Sales/Maturities of Investments | $80M |
| Other Investing Activities | -$134M |
| NET CASH FROM INVESTING | -$104M |
| Net Debt Issuance | $142M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$110M |
| NET CASH FROM FINANCING | $78M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $313M |
| Short-Term Investments | $297M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $624M |
| PP&E (Net) | $21M |
| Goodwill | $17M |
| Intangible Assets | $80M |
| Long-Term Investments | $3.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $184M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.1B |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $338M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $378M |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $135M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $253M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $154.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $478M |
| Minority Interest | $0 |
| TOTAL EQUITY | $478M |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $338M |
| Net Debt | $25M |
