| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $85M | $85M | $79M | -0.6% | 6.8% |
| Op. Income | $33M | $32M | $31M | 1.9% | 5.5% |
| Gross Margin | 63.0% | 63.7% | 64.6% | -0.6pp | -1.6pp |
| Net Margin | 37.6% | 24.2% | 26.0% | 13.4pp | 11.7pp |
| EPS (Diluted) | $0.24 | $0.15 | $0.15 | 60.0% | 60.0% |
| Free Cash Flow | $41M | $26M | $25M | 60.5% | 65.3% |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $685.0K |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $5M |
| Operating Expenses | $21M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $33M |
| Interest Income | $81M |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $860.0K |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $2M |
| EBIT | $33M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $685.0K |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $5M |
| Operating Expenses | $21M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $33M |
| Interest Income | $81M |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $860.0K |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $2M |
| EBIT | $33M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $672.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$102M |
| Sales/Maturities of Investments | $70M |
| Other Investing Activities | -$102M |
| NET CASH FROM INVESTING | -$136M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$50M |
| Other Financing Activities | -$80M |
| NET CASH FROM FINANCING | -$230M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | -$323M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $502M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $531M |
| PP&E (Net) | $85M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8.0B |
| Tax Assets | $18M |
| Other Non-Current Assets | $414M |
| TOTAL NON-CURRENT ASSETS | $8.5B |
| TOTAL ASSETS | $9.0B |
| Account Payables | $47M |
| Short-Term Debt | $100M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.3B |
| TOTAL CURRENT LIABILITIES | $5.4B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $7.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $216M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | -$38M |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $9.0B |
| Total Debt | $2.3B |
| Net Debt | $2.2B |
