| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $6M | $7M | 80.5% | 56.2% |
| Op. Income | $7M | $4M | $4M | 66.4% | 77.2% |
| Gross Margin | 77.7% | 127.1% | 100.0% | -49.4pp | -22.3pp |
| Net Margin | 66.4% | 80.1% | 85.1% | -13.7pp | -18.7pp |
| EPS (Diluted) | $0.46 | $0.31 | $0.48 | 48.4% | -4.2% |
| Free Cash Flow | -$52M | -$10M | $20M | -411.1% | -357.7% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $7M |
| Interest Income | $10M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $0 |
| EBIT | $10M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $7M |
| Interest Income | $10M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $0 |
| EBIT | $10M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$59M |
| Change in Working Capital | $26.7K |
| OPERATING CASH FLOW | -$52M |
| 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 | $78M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$327 |
| NET CASH FROM FINANCING | $72M |
| FREE CASH FLOW | -$52M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | -$362.7K |
| TOTAL CURRENT ASSETS | $49M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $431M |
| Tax Assets | $0 |
| Other Non-Current Assets | $362.7K |
| TOTAL NON-CURRENT ASSETS | $432M |
| TOTAL ASSETS | $481M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$3M |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $252M |
| Deferred Revenue NC | $176.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $256M |
| TOTAL LIABILITIES | $259M |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $228M |
| Retained Earnings | -$1M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$5M |
| TOTAL STOCKHOLDERS' EQUITY | $222M |
| Minority Interest | $0 |
| TOTAL EQUITY | $222M |
| TOTAL LIABILITIES & EQUITY | $481M |
| Total Debt | $252M |
| Net Debt | $207M |
