| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $107M | $69M | $143M | 55.8% | -25.2% |
| Op. Income | $51M | $19M | $95M | 162.5% | -46.2% |
| Gross Margin | 82.1% | 39.6% | 85.3% | 42.5pp | -3.2pp |
| Net Margin | 47.9% | 28.4% | 66.6% | 19.5pp | -18.8pp |
| EPS (Diluted) | $0.14 | $0.05 | $0.27 | 180.0% | -48.1% |
| Free Cash Flow | $301M | -$53M | $219M | 664.3% | 37.8% |
| Item | Amount |
|---|---|
| REVENUE | $107M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $29M |
| Operating Expenses | $37M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $51M |
| Interest Income | $161M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $0 |
| EBIT | $51M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $107M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $29M |
| Operating Expenses | $37M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $51M |
| Interest Income | $161M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $0 |
| EBIT | $51M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $196M |
| Change in Working Capital | $54M |
| OPERATING CASH FLOW | $301M |
| 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 | $702.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$88M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$95M |
| FREE CASH FLOW | $301M |
| Net Change in Cash | $206M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $318M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $330M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.8B |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $69M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $69M |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $107M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $360.0K |
| Additional Paid-In Capital | $4.0B |
| Retained Earnings | -$54M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$583M |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $2.6B |
| Net Debt | $2.3B |
