| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $74M | $55M | $64M | 33.6% | 14.8% |
| Op. Income | $23M | $9M | $19M | 167.8% | 20.7% |
| Gross Margin | 84.8% | 83.8% | 90.8% | 0.9pp | -6.0pp |
| Net Margin | 24.2% | 12.9% | 22.0% | 11.4pp | 2.3pp |
| EPS (Diluted) | $0.32 | $0.13 | $0.25 | 146.2% | 28.0% |
| Free Cash Flow | $99M | -$348M | $143M | 128.4% | -30.9% |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | $11M |
| Operating Expenses | $39M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $23M |
| Interest Income | $44M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $519.0K |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $1M |
| EBIT | $23M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | $11M |
| Operating Expenses | $39M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $23M |
| Interest Income | $44M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $519.0K |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $1M |
| EBIT | $23M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $83M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $99M |
| Capital Expenditure | -$208.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$70M |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $90M |
| NET CASH FROM FINANCING | $90M |
| FREE CASH FLOW | $99M |
| Net Change in Cash | $172M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $726M |
| Short-Term Investments | $1.4B |
| Net Receivables | $399M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $18M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $2.0B |
| Tax Assets | $18M |
| Other Non-Current Assets | $77M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $0 |
| Short-Term Debt | $93.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.0B |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $55M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $112M |
| TOTAL NON-CURRENT LIABILITIES | $167M |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $57M |
| Additional Paid-In Capital | $367M |
| Retained Earnings | $17M |
| Treasury Stock | -$866.0K |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $435M |
| Minority Interest | $0 |
| TOTAL EQUITY | $435M |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $55M |
| Net Debt | -$671M |
