| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39M | $38M | $35M | 4.0% | 13.8% |
| Op. Income | $27M | $15M | $16M | 89.1% | 76.9% |
| Gross Margin | 73.9% | 75.0% | 71.5% | -1.1pp | 2.3pp |
| Net Margin | 58.3% | 26.7% | 31.3% | 31.6pp | 27.0pp |
| EPS (Diluted) | $0.37 | $0.17 | $0.11 | 117.6% | 236.4% |
| Free Cash Flow | $11M | $15M | $7M | -24.7% | 53.2% |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $10M |
| Operating Expenses | $17M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $27M |
| Interest Income | $1M |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $9M |
| EBIT | $27M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $10M |
| Operating Expenses | $17M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $27M |
| Interest Income | $1M |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $9M |
| EBIT | $27M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | -$929.0K |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$53M |
| Sales/Maturities of Investments | $37M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $36M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $54M |
| Inventory | -$25.0K |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $89M |
| PP&E (Net) | $1.7B |
| Goodwill | $0 |
| Intangible Assets | $79M |
| Long-Term Investments | $1.8B |
| Tax Assets | -$3.5B |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $25M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $223M |
| TOTAL CURRENT LIABILITIES | $71M |
| Long-Term Debt | $462M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$162M |
| TOTAL NON-CURRENT LIABILITIES | $478M |
| TOTAL LIABILITIES | $549M |
| Common Stock | $610.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $14M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$761.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $462M |
| Net Debt | $431M |
