| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $86M | $86M | $60M | 0.0% | 41.9% |
| Op. Income | $75M | $39M | $24M | 94.6% | 210.6% |
| Gross Margin | 99.8% | 99.5% | 93.4% | 0.3pp | 6.4pp |
| Net Margin | -11.6% | -34.5% | -16.2% | 22.9pp | 4.6pp |
| EPS (Diluted) | $-0.03 | $-0.08 | $-0.03 | 66.3% | 8.5% |
| Free Cash Flow | -$88M | -$106M | -$47M | 16.3% | -88.2% |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $196.5K |
| GROSS PROFIT | $86M |
| R&D Expenses | $0 |
| Selling & Marketing | $85.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $75M |
| Interest Income | $66M |
| Interest Expense | $0 |
| Other Income/Expenses | -$84M |
| INCOME BEFORE TAX | -$838.9K |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $525.6K |
| EBIT | $75M |
| EBITDA | $76M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $764.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $81M |
| Change in Working Capital | $36M |
| OPERATING CASH FLOW | $110M |
| Capital Expenditure | -$199M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $29M |
| NET CASH FROM INVESTING | -$174M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$63.7K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $68M |
| NET CASH FROM FINANCING | $68M |
| FREE CASH FLOW | -$88M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $107M |
| Short-Term Investments | $163M |
| Net Receivables | $205M |
| Inventory | $8M |
| Other Current Assets | $53M |
| TOTAL CURRENT ASSETS | $543M |
| PP&E (Net) | $3.0B |
| Goodwill | $121M |
| Intangible Assets | $273M |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $279M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $32M |
| Short-Term Debt | $384M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $175M |
| TOTAL CURRENT LIABILITIES | $617M |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $105M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $40M |
| Additional Paid-In Capital | $713M |
| Retained Earnings | -$33M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $52M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $772M |
| Minority Interest | $39M |
| TOTAL EQUITY | $811M |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $3.1B |
| Net Debt | $3.0B |
