| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $71M | $38M | $81M | 88.7% | -11.7% |
| Op. Income | $34M | -$13M | $43M | 358.8% | -22.8% |
| Gross Margin | 59.3% | -10.9% | 65.6% | 70.3pp | -6.2pp |
| Net Margin | 40.4% | 82.7% | 18.0% | -42.3pp | 22.4pp |
| EPS (Diluted) | $0.40 | $0.44 | $0.20 | -9.1% | 100.0% |
| Free Cash Flow | $395M | $170M | -$42M | 132.5% | 1037.4% |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $42M |
| R&D Expenses | $318.0K |
| Selling & Marketing | $2M |
| General & Administrative | $6M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $34M |
| Interest Income | $48M |
| Interest Expense | $37M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $0 |
| EBIT | $21M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $42M |
| R&D Expenses | $318.0K |
| Selling & Marketing | $2M |
| General & Administrative | $6M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $34M |
| Interest Income | $48M |
| Interest Expense | $37M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $0 |
| EBIT | $21M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $361M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $395M |
| Capital Expenditure | -$62.0K |
| Acquisitions (Net) | $62.0K |
| Purchases of Investments | -$252M |
| Sales/Maturities of Investments | $143M |
| Other Investing Activities | $151M |
| NET CASH FROM INVESTING | $42M |
| Net Debt Issuance | -$426M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$32M |
| Other Financing Activities | $108M |
| NET CASH FROM FINANCING | -$352M |
| FREE CASH FLOW | $395M |
| Net Change in Cash | $86M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $120M |
| Short-Term Investments | $20M |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | -$11M |
| TOTAL CURRENT ASSETS | $140M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $697M |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $79M |
| Short-Term Debt | $328M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $440M |
| Long-Term Debt | $4.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $667.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$30M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $4.4B |
| Net Debt | $4.3B |
