| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $82M | $86M | $85M | -5.2% | -4.0% |
| Op. Income | $29M | $30M | $32M | -4.0% | -9.1% |
| Gross Margin | 66.7% | 62.0% | 63.7% | 4.6pp | 3.0pp |
| Net Margin | 26.2% | 26.0% | 24.2% | 0.2pp | 2.0pp |
| EPS (Diluted) | $0.16 | $0.17 | $0.15 | -5.9% | 6.7% |
| Free Cash Flow | $29M | $20M | $26M | 43.7% | 14.3% |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $17M |
| SG&A Expenses | $19M |
| Other Expenses | $6M |
| Operating Expenses | $25M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $29M |
| Interest Income | $77M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $2M |
| EBIT | $29M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $17M |
| SG&A Expenses | $19M |
| Other Expenses | $6M |
| Operating Expenses | $25M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $29M |
| Interest Income | $77M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $2M |
| EBIT | $29M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $636.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$920.0K |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$99M |
| Sales/Maturities of Investments | $80M |
| Other Investing Activities | $44M |
| NET CASH FROM INVESTING | $21M |
| Net Debt Issuance | -$39M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$47M |
| NET CASH FROM FINANCING | -$98M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | -$43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $139M |
| Short-Term Investments | $715M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $856M |
| PP&E (Net) | $96M |
| Goodwill | $8M |
| Intangible Assets | $10M |
| Long-Term Investments | $8.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $371M |
| TOTAL NON-CURRENT ASSETS | $8.6B |
| TOTAL ASSETS | $9.4B |
| Account Payables | $83M |
| Short-Term Debt | $110M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.6B |
| TOTAL CURRENT LIABILITIES | $5.8B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $21M |
| Other Non-Current Liabilities | -$45M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $8.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $215M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | -$36M |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $9.4B |
| Total Debt | $2.4B |
| Net Debt | $2.3B |
