| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $45M | $45M | $41M | 0.2% | 10.4% |
| Op. Income | $27M | $27M | $20M | 1.0% | 38.4% |
| Gross Margin | 73.5% | 73.8% | 73.8% | -0.3pp | -0.4pp |
| Net Margin | 28.5% | 32.9% | 38.0% | -4.4pp | -9.5pp |
| EPS (Diluted) | $0.19 | $0.16 | $0.25 | 18.8% | -24.0% |
| Free Cash Flow | $14M | $16M | $11M | -15.9% | 20.7% |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $27M |
| Interest Income | $564.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $10M |
| EBIT | $16M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $27M |
| Interest Income | $564.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $10M |
| EBIT | $16M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | -$33M |
| Common Stock Repurchased | -$240.0K |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | -$43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $113M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $88M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $459M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $500M |
| TOTAL LIABILITIES | $544M |
| Common Stock | $677.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$364.0K |
| Other Equity | -$7M |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $459M |
| Net Debt | $389M |
