| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $7M | $3M | 62.9% | 260.5% |
| Op. Income | $8M | $5M | $2M | 80.8% | 383.7% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 48.0% | 61.2% | 41.6% | -13.2pp | 6.4pp |
| EPS (Diluted) | $0.40 | $0.42 | $0.16 | -4.8% | 150.0% |
| Free Cash Flow | -$1M | -$105M | -$4M | 98.6% | 65.4% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $224.8K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $4M |
| Operating Expenses | $6M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $8M |
| Interest Income | $12M |
| Interest Expense | $155.6K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | -$8M |
| EBIT | $6M |
| EBITDA | -$2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $224.8K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $4M |
| Operating Expenses | $6M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $8M |
| Interest Income | $12M |
| Interest Expense | $155.6K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | -$8M |
| EBIT | $6M |
| EBITDA | -$2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | -$917.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$53M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $56M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $473.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $70M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $41.2K |
| TOTAL CURRENT ASSETS | $74M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $243M |
| TOTAL NON-CURRENT ASSETS | $243M |
| TOTAL ASSETS | $317M |
| Account Payables | $0 |
| Short-Term Debt | $76M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$7M |
| TOTAL CURRENT LIABILITIES | $72M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $77.2K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $79M |
| Common Stock | $157.3K |
| Additional Paid-In Capital | $233M |
| Retained Earnings | $4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $238M |
| Minority Interest | $0 |
| TOTAL EQUITY | $238M |
| TOTAL LIABILITIES & EQUITY | $317M |
| Total Debt | $76M |
| Net Debt | $73M |
