| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53M | $48M | $41M | 10.8% | 31.0% |
| Op. Income | $21M | $22M | $22M | -5.4% | -2.5% |
| Gross Margin | 67.7% | 69.5% | 77.1% | -1.8pp | -9.3pp |
| Net Margin | 28.9% | 34.7% | 49.8% | -5.9pp | -21.0pp |
| EPS (Diluted) | $0.34 | $0.37 | $0.49 | -8.1% | -30.6% |
| Free Cash Flow | $90M | $25M | -$208M | 260.7% | 143.1% |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $4M |
| Operating Expenses | $15M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $21M |
| Interest Income | $40M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $125.0K |
| EBIT | $21M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $4M |
| Operating Expenses | $15M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $21M |
| Interest Income | $40M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $125.0K |
| EBIT | $21M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $125.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $178M |
| Change in Working Capital | -$95M |
| OPERATING CASH FLOW | $99M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$21M |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | -$113M |
| NET CASH FROM INVESTING | -$132M |
| Net Debt Issuance | $128M |
| Common Stock Repurchased | -$700.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$167M |
| NET CASH FROM FINANCING | -$41M |
| FREE CASH FLOW | $90M |
| Net Change in Cash | -$74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $337M |
| Short-Term Investments | $331M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $681M |
| PP&E (Net) | $15M |
| Goodwill | $17M |
| Intangible Assets | $81M |
| Long-Term Investments | $2.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $211M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $0 |
| Short-Term Debt | $33M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.2B |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $162M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $199M |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $135M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $245M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$310.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $421M |
| Minority Interest | $0 |
| TOTAL EQUITY | $421M |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $195M |
| Net Debt | -$141M |
