| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $14M | $31M | 27.2% | -42.8% |
| Op. Income | $12M | $8M | $24M | 56.7% | -49.8% |
| Gross Margin | 67.2% | 57.3% | 78.4% | 10.0pp | -11.2pp |
| Net Margin | 68.8% | 52.8% | 77.0% | 15.9pp | -8.2pp |
| EPS (Diluted) | $0.18 | $0.10 | $0.34 | 80.0% | -47.1% |
| Free Cash Flow | $62M | -$23M | -$108M | 372.1% | 157.6% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | -$1M |
| Operating Expenses | -$277.3K |
| Cost & Expenses | $6M |
| OPERATING INCOME | $12M |
| Interest Income | $27M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $0 |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | -$1M |
| Operating Expenses | -$277.3K |
| Cost & Expenses | $6M |
| OPERATING INCOME | $12M |
| Interest Income | $27M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $0 |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $52M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $62M |
| 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 | -$15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $84M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $107M |
| Tax Assets | $0 |
| Other Non-Current Assets | $993M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.2B |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $510M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $520M |
| TOTAL LIABILITIES | $538M |
| Common Stock | $71.1K |
| Additional Paid-In Capital | $819M |
| Retained Earnings | $5M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$177M |
| TOTAL STOCKHOLDERS' EQUITY | $646M |
| Minority Interest | $0 |
| TOTAL EQUITY | $646M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $510M |
| Net Debt | $437M |
