| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $23M | $20M | 9.0% | 22.5% |
| Op. Income | $8M | $7M | $7M | 23.4% | 19.7% |
| Gross Margin | 97.7% | 95.5% | 98.0% | 2.2pp | -0.2pp |
| Net Margin | 25.9% | 4.9% | 22.6% | 21.0pp | 3.3pp |
| EPS (Diluted) | $0.46 | $0.09 | $0.37 | 441.2% | 24.3% |
| Free Cash Flow | $9M | $6M | $7M | 44.3% | 34.4% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $556.0K |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $179.0K |
| General & Administrative | $9M |
| SG&A Expenses | $10M |
| Other Expenses | $7M |
| Operating Expenses | $16M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $8M |
| Interest Income | $22M |
| Interest Expense | $556.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $777.0K |
| EBIT | $8M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $556.0K |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $179.0K |
| General & Administrative | $9M |
| SG&A Expenses | $10M |
| Other Expenses | $7M |
| Operating Expenses | $16M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $8M |
| Interest Income | $22M |
| Interest Expense | $556.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $777.0K |
| EBIT | $8M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $777.0K |
| Stock-Based Compensation | $771.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $313.0K |
| Change in Working Capital | $949.0K |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$232.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$112M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$90M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $38M |
| NET CASH FROM FINANCING | $36M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | -$44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $159M |
| Short-Term Investments | $424M |
| Net Receivables | $77M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $660M |
| PP&E (Net) | $8M |
| Goodwill | $30M |
| Intangible Assets | $6M |
| Long-Term Investments | $1.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.2B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $145M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $161M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $298M |
| Minority Interest | $0 |
| TOTAL EQUITY | $298M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $6M |
| Net Debt | -$154M |
