| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | $50M | $24M | 17.9% | 148.6% |
| Op. Income | $44M | $38M | $18M | 15.7% | 143.3% |
| Gross Margin | 81.4% | 83.5% | 89.4% | -2.1pp | -8.0pp |
| Net Margin | 75.0% | 76.3% | 76.8% | -1.3pp | -1.7pp |
| EPS (Diluted) | $0.16 | $0.16 | $0.06 | 0.0% | 150.0% |
| Free Cash Flow | -$572M | -$237M | -$148M | -141.5% | -285.9% |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $1M |
| Operating Expenses | $4M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $44M |
| Interest Income | $61M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $52.0K |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $0 |
| EBIT | $44M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $1M |
| Operating Expenses | $4M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $44M |
| Interest Income | $61M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $52.0K |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $0 |
| EBIT | $44M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$638M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | -$572M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $421M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $578M |
| FREE CASH FLOW | -$572M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $0 |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $39M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $74M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.0B |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $350.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $1.3B |
| Net Debt | $1.3B |
