| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $6M | $2M | 35.2% | 290.9% |
| Op. Income | $5M | $3M | $446.3K | 38.2% | 919.7% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 61.2% | 65.2% | 44.6% | -4.0pp | 16.7pp |
| EPS (Diluted) | $0.42 | $0.41 | $0.14 | 2.4% | 200.0% |
| Free Cash Flow | -$105M | -$48M | -$42M | -119.4% | -151.2% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $163.4K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $3M |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $5M |
| Interest Income | $7M |
| Interest Expense | $277.6K |
| Other Income/Expenses | -$244.8K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $15.3K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | -$5M |
| EBIT | $5M |
| EBITDA | $15.3K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $163.4K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $3M |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $5M |
| Interest Income | $7M |
| Interest Expense | $277.6K |
| Other Income/Expenses | -$244.8K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $15.3K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | -$5M |
| EBIT | $5M |
| EBITDA | $15.3K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | -$4M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$109M |
| Change in Working Capital | $403.7K |
| OPERATING CASH FLOW | -$105M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$179M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$165M |
| Net Debt Issuance | $60M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$743.3K |
| Other Financing Activities | $35M |
| NET CASH FROM FINANCING | $94M |
| FREE CASH FLOW | -$105M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $80M |
| TOTAL CURRENT ASSETS | $84M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $224M |
| TOTAL NON-CURRENT ASSETS | $224M |
| TOTAL ASSETS | $308M |
| Account Payables | $80.7K |
| Short-Term Debt | $139M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $141M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $141M |
| Common Stock | $110.6K |
| Additional Paid-In Capital | $163M |
| Retained Earnings | $5M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $167M |
| Minority Interest | $0 |
| TOTAL EQUITY | $167M |
| TOTAL LIABILITIES & EQUITY | $308M |
| Total Debt | $139M |
| Net Debt | $136M |
