| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $28M | $27M | -46.1% | -42.6% |
| Op. Income | $3M | $11M | $12M | -76.3% | -78.7% |
| Gross Margin | 100.0% | 84.8% | 89.8% | 15.2pp | 10.2pp |
| Net Margin | 82.9% | 37.3% | 28.3% | 45.6pp | 54.7pp |
| EPS (Diluted) | $0.64 | $0.55 | $0.40 | 16.4% | 60.0% |
| Free Cash Flow | -$13M | $8M | -$7M | -262.2% | -89.5% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $9M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $0 |
| 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 | $2M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $9M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $0 |
| 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 | $2M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $123.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | $1.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$200M |
| Sales/Maturities of Investments | $161M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $39M |
| Common Stock Repurchased | -$16.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $49M |
| FREE CASH FLOW | -$13M |
| 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 |
