| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $19M | $11M | -4.1% | 67.8% |
| Op. Income | $4M | $3M | $2M | 55.4% | 124.3% |
| Gross Margin | 54.8% | 71.5% | 55.9% | -16.7pp | -1.1pp |
| Net Margin | 48.9% | 39.1% | 73.3% | 9.9pp | -24.4pp |
| EPS (Diluted) | $0.48 | $0.40 | $0.44 | 20.0% | 9.1% |
| Free Cash Flow | -$17M | -$24M | -$21M | 28.9% | 17.4% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $8M |
| Operating Expenses | $11M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | -$529.0K |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $129.0K |
| EBIT | $13M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $8M |
| Operating Expenses | $11M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | -$529.0K |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $129.0K |
| EBIT | $13M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $129.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$529.0K |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$17M |
| Capital Expenditure | -$132.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$132.0K |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$16.0K |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $9.0K |
| Net Receivables | $49M |
| Inventory | $0 |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $79M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $558M |
| Tax Assets | $0 |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $603M |
| TOTAL ASSETS | $682M |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $353M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $372M |
| TOTAL LIABILITIES | $390M |
| Common Stock | $382.0K |
| Additional Paid-In Capital | $258M |
| Retained Earnings | $34M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $292M |
| Minority Interest | $0 |
| TOTAL EQUITY | $292M |
| TOTAL LIABILITIES & EQUITY | $682M |
| Total Debt | $363M |
| Net Debt | $360M |
