| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $64M | $82M | $55M | -21.8% | 15.7% |
| Op. Income | $7M | $28M | $9M | -77.1% | -25.7% |
| Gross Margin | 84.7% | 86.0% | 83.8% | -1.3pp | 0.9pp |
| Net Margin | 2.9% | 24.9% | 12.9% | -22.0pp | -10.0pp |
| EPS (Diluted) | $0.03 | $0.36 | $0.13 | -91.7% | -76.9% |
| Free Cash Flow | -$657M | $411M | -$348M | -259.8% | -88.8% |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | $19M |
| Operating Expenses | $48M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $7M |
| Interest Income | $44M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $1M |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | $19M |
| Operating Expenses | $48M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $7M |
| Interest Income | $44M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $1M |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$681M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | -$656M |
| Capital Expenditure | -$188.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $2.0K |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | -$114M |
| NET CASH FROM INVESTING | -$62M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $707M |
| NET CASH FROM FINANCING | $707M |
| FREE CASH FLOW | -$657M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $944M |
| Short-Term Investments | $1.3B |
| Net Receivables | $448M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $18M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $2.8B |
| Tax Assets | $13M |
| Other Non-Current Assets | $87M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $0 |
| Short-Term Debt | $82.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.1B |
| TOTAL CURRENT LIABILITIES | $5.1B |
| Long-Term Debt | $54M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $66M |
| TOTAL NON-CURRENT LIABILITIES | $120M |
| TOTAL LIABILITIES | $5.2B |
| Common Stock | $57M |
| Additional Paid-In Capital | $372M |
| Retained Earnings | $51M |
| Treasury Stock | -$866.0K |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $484M |
| Minority Interest | $0 |
| TOTAL EQUITY | $484M |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $54M |
| Net Debt | -$890M |
