| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $22M | $19M | 28.8% | 44.6% |
| Op. Income | $85.0K | $5M | $3M | -98.4% | -96.9% |
| Gross Margin | 41.8% | 57.2% | 71.5% | -15.3pp | -29.6pp |
| Net Margin | 45.5% | 48.9% | 39.1% | -3.4pp | 6.5pp |
| EPS (Diluted) | $0.61 | $0.55 | $0.40 | 10.9% | 52.5% |
| Free Cash Flow | -$43M | -$19M | -$24M | -128.1% | -78.2% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $22M |
| Operating Expenses | $24M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $85.0K |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $123.0K |
| EBIT | $21M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $22M |
| Operating Expenses | $24M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $85.0K |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $123.0K |
| EBIT | $21M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $123.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$47M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$43M |
| Capital Expenditure | $1.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $1.0K |
| Net Debt Issuance | $41M |
| Common Stock Repurchased | -$16.0K |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $49M |
| FREE CASH FLOW | -$43M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $51M |
| Inventory | $0 |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $90M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $24M |
| Long-Term Investments | $659M |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $708M |
| TOTAL ASSETS | $797M |
| Account Payables | $2M |
| Short-Term Debt | $30M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $402M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $436M |
| TOTAL LIABILITIES | $475M |
| Common Stock | $411.0K |
| Additional Paid-In Capital | $290M |
| Retained Earnings | $32M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $322M |
| Minority Interest | $0 |
| TOTAL EQUITY | $322M |
| TOTAL LIABILITIES & EQUITY | $797M |
| Total Debt | $442M |
| Net Debt | $440M |
