| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $82M | $86M | $112M | -5.5% | -26.9% |
| Op. Income | $16M | $16M | $15M | 1.5% | 9.2% |
| Gross Margin | 78.5% | 73.5% | 82.5% | 5.0pp | -4.0pp |
| Net Margin | 13.4% | 16.0% | 13.6% | -2.5pp | -0.2pp |
| EPS (Diluted) | $453.43 | $566.22 | $564.09 | -19.9% | -19.6% |
| Free Cash Flow | $75M | $290M | $55M | -74.0% | 38.4% |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $64M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $39M |
| SG&A Expenses | $39M |
| Other Expenses | $9M |
| Operating Expenses | $48M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $16M |
| Interest Income | $67M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $10M |
| EBIT | $16M |
| EBITDA | $26M |
| EPS | $453 |
| EPS Diluted | $453 |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $64M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $39M |
| SG&A Expenses | $39M |
| Other Expenses | $9M |
| Operating Expenses | $48M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $16M |
| Interest Income | $67M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $10M |
| EBIT | $16M |
| EBITDA | $26M |
| EPS | $453 |
| EPS Diluted | $453 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | -$1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $27M |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $1.0K |
| Purchases of Investments | -$184M |
| Sales/Maturities of Investments | $101M |
| Other Investing Activities | $20M |
| NET CASH FROM INVESTING | -$64M |
| Net Debt Issuance | $341M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$30M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $58M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $58M |
| PP&E (Net) | $77M |
| Goodwill | $34M |
| Intangible Assets | $98M |
| Long-Term Investments | $6.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $293M |
| TOTAL NON-CURRENT ASSETS | $6.8B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $193M |
| Short-Term Debt | $125M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.3B |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $597M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$235M |
| TOTAL NON-CURRENT LIABILITIES | $475M |
| TOTAL LIABILITIES | $6.1B |
| Common Stock | $301M |
| Additional Paid-In Capital | $300M |
| Retained Earnings | $375M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$296M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $680M |
| Minority Interest | $0 |
| TOTAL EQUITY | $680M |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $835M |
| Net Debt | $777M |
