| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $71M | $73M | $66M | -3.0% | 6.7% |
| Op. Income | $34M | $34M | $32M | 2.3% | 6.7% |
| Gross Margin | 74.2% | 68.5% | 64.0% | 5.6pp | 10.2pp |
| Net Margin | 49.8% | 39.5% | 34.8% | 10.3pp | 15.0pp |
| EPS (Diluted) | $0.66 | $0.57 | $0.46 | 15.4% | 42.9% |
| Free Cash Flow | -$33M | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $10M |
| SG&A Expenses | $18M |
| Other Expenses | $378.0K |
| Operating Expenses | $18M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $34M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | -$543.1K |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $0 |
| EBIT | $34M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $10M |
| SG&A Expenses | $18M |
| Other Expenses | $378.0K |
| Operating Expenses | $18M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $34M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | -$543.1K |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $0 |
| EBIT | $34M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $750.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$461.8K |
| Other Non-Cash Items | $91M |
| Change in Working Capital | -$156M |
| OPERATING CASH FLOW | -$29M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $40M |
| NET CASH FROM INVESTING | $36M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $78M |
| NET CASH FROM FINANCING | $78M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | $83M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $162M |
| Short-Term Investments | $0 |
| Net Receivables | $205M |
| Inventory | -$15M |
| Other Current Assets | $218M |
| TOTAL CURRENT ASSETS | $576M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $42M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.5T |
| TOTAL NON-CURRENT ASSETS | $7.5T |
| TOTAL ASSETS | $677M |
| Account Payables | $11M |
| Short-Term Debt | $29M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$133M |
| TOTAL CURRENT LIABILITIES | $133M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.9T |
| Other Non-Current Liabilities | -$6.9T |
| TOTAL NON-CURRENT LIABILITIES | $114.9T |
| TOTAL LIABILITIES | $163M |
| Common Stock | $27.7K |
| Additional Paid-In Capital | $412M |
| Retained Earnings | $93.5T |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$93.5T |
| TOTAL STOCKHOLDERS' EQUITY | $514M |
| Minority Interest | $152.9K |
| TOTAL EQUITY | $514M |
| TOTAL LIABILITIES & EQUITY | $677M |
| Total Debt | $29M |
| Net Debt | -$133M |
