| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | $24M | $24M | 6.7% | 6.2% |
| Op. Income | $9M | $10M | $9M | -16.8% | 1.9% |
| Gross Margin | 79.5% | 87.0% | 75.9% | -7.5pp | 3.6pp |
| Net Margin | 24.6% | 29.7% | 13.8% | -5.1pp | 10.8pp |
| EPS (Diluted) | $0.75 | $0.85 | $0.49 | -11.8% | 53.1% |
| Free Cash Flow | -$14M | $25M | $7M | -155.7% | -307.2% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $9M |
| Interest Income | $23M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | -$152.0K |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $83.0K |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $9M |
| Interest Income | $23M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | -$152.0K |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $83.0K |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $83.0K |
| Stock-Based Compensation | $492.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$337.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$149M |
| NET CASH FROM INVESTING | -$160M |
| Net Debt Issuance | $125M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $127M |
| NET CASH FROM FINANCING | $252M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | $79M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $233M |
| Short-Term Investments | $30M |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $291M |
| PP&E (Net) | $7M |
| Goodwill | $10M |
| Intangible Assets | $0 |
| Long-Term Investments | $1.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $210M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $217M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $82.0K |
| Additional Paid-In Capital | $213M |
| Retained Earnings | $51M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$473.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $265M |
| Minority Interest | $0 |
| TOTAL EQUITY | $265M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $210M |
| Net Debt | -$23M |
