| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $94M | $83M | $67M | 13.3% | 41.7% |
| Op. Income | $31M | $28M | $18M | 8.3% | 73.2% |
| Gross Margin | 88.8% | 90.3% | 93.2% | -1.6pp | -4.5pp |
| Net Margin | 13.0% | 22.5% | 17.2% | -9.5pp | -4.2pp |
| EPS (Diluted) | $0.25 | $0.41 | $0.30 | -39.0% | -16.7% |
| Free Cash Flow | $70M | $39M | $8M | 80.7% | 730.2% |
| Item | Amount |
|---|---|
| REVENUE | $94M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $84M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | $24M |
| Operating Expenses | $53M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $31M |
| Interest Income | $71M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $4M |
| EBIT | $31M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $94M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $84M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | $24M |
| Operating Expenses | $53M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $31M |
| Interest Income | $71M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $4M |
| EBIT | $31M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $817.0K |
| Deferred Income Tax | $17M |
| Other Non-Cash Items | $47M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $74M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$181M |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | -$67M |
| NET CASH FROM INVESTING | -$205M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $272M |
| NET CASH FROM FINANCING | $270M |
| FREE CASH FLOW | $70M |
| Net Change in Cash | $139M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $348M |
| Short-Term Investments | $873M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $117M |
| Goodwill | $269M |
| Intangible Assets | $39M |
| Long-Term Investments | $6.0B |
| Tax Assets | $17M |
| Other Non-Current Assets | $188M |
| TOTAL NON-CURRENT ASSETS | $6.6B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $0 |
| Short-Term Debt | $525M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.1B |
| TOTAL CURRENT LIABILITIES | $6.7B |
| Long-Term Debt | $225M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $50M |
| TOTAL NON-CURRENT LIABILITIES | $275M |
| TOTAL LIABILITIES | $6.9B |
| Common Stock | $49.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$132M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $935M |
| Minority Interest | $0 |
| TOTAL EQUITY | $935M |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $750M |
| Net Debt | $402M |
