| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $7M | $11M | 103.7% | 34.7% |
| Op. Income | $10M | $3M | $7M | 245.9% | 38.5% |
| Gross Margin | 75.3% | 53.2% | 77.7% | 22.1pp | -2.4pp |
| Net Margin | 68.1% | 32.3% | 66.4% | 35.8pp | 1.7pp |
| EPS (Diluted) | $0.62 | $0.14 | $0.46 | 342.9% | 34.8% |
| Free Cash Flow | -$3M | -$23M | -$52M | 86.0% | 93.7% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $10M |
| Interest Income | $13M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $25.3K |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $0 |
| EBIT | $14M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $10M |
| Interest Income | $13M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $25.3K |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $0 |
| EBIT | $14M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $12.6K |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$726.0K |
| OPERATING CASH FLOW | -$3M |
| 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 | -$24M |
| Common Stock Repurchased | -$935.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | -$346.5K |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $517M |
| Tax Assets | $0 |
| Other Non-Current Assets | $354.1K |
| TOTAL NON-CURRENT ASSETS | $518M |
| TOTAL ASSETS | $545M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $476.8K |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $269M |
| Deferred Revenue NC | $394.7K |
| Deferred Tax Liabilities | $80.6K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $270M |
| TOTAL LIABILITIES | $277M |
| Common Stock | $18.7K |
| Additional Paid-In Capital | $267M |
| Retained Earnings | $1M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $268M |
| Minority Interest | $0 |
| TOTAL EQUITY | $268M |
| TOTAL LIABILITIES & EQUITY | $545M |
| Total Debt | $269M |
| Net Debt | $245M |
