| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | $130M | $51M | -57.3% | 8.5% |
| Op. Income | $9M | $83M | $10M | -89.5% | -14.0% |
| Gross Margin | 83.8% | 93.0% | 90.3% | -9.2pp | -6.5pp |
| Net Margin | 12.9% | 47.3% | -24.4% | -34.4pp | 37.3pp |
| EPS (Diluted) | $0.13 | $1.07 | $-0.22 | -87.9% | 159.1% |
| Free Cash Flow | -$348M | $99M | -$109M | -453.0% | -220.2% |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $13M |
| Operating Expenses | $38M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $9M |
| Interest Income | $39M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $1M |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $13M |
| Operating Expenses | $38M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $9M |
| Interest Income | $39M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $1M |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $433.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$354M |
| Change in Working Capital | -$666.0K |
| OPERATING CASH FLOW | -$346M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $44M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $45M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $78M |
| NET CASH FROM FINANCING | $78M |
| FREE CASH FLOW | -$348M |
| Net Change in Cash | -$223M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $554M |
| Short-Term Investments | $1.2B |
| Net Receivables | $410M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $19M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $2.1B |
| Tax Assets | $22M |
| Other Non-Current Assets | $67M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $0 |
| Short-Term Debt | $93.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $55M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $95M |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $56M |
| Additional Paid-In Capital | $366M |
| Retained Earnings | -$817.0K |
| Treasury Stock | -$866.0K |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $407M |
| Minority Interest | $0 |
| TOTAL EQUITY | $407M |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $55M |
| Net Debt | -$499M |
