| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $50M | $47M | 3.5% | 10.0% |
| Op. Income | $25M | $21M | $21M | 17.7% | 17.4% |
| Gross Margin | 90.2% | 88.5% | 89.8% | 1.6pp | 0.4pp |
| Net Margin | 18.7% | 27.9% | 31.2% | -9.2pp | -12.5pp |
| EPS (Diluted) | $0.62 | $0.89 | $0.97 | -30.3% | -36.1% |
| Free Cash Flow | $21M | $13M | $16M | 61.8% | 35.2% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $711.0K |
| General & Administrative | $12M |
| SG&A Expenses | $13M |
| Other Expenses | $9M |
| Operating Expenses | $22M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $25M |
| Interest Income | $37M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $2M |
| EBIT | $25M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $711.0K |
| General & Administrative | $12M |
| SG&A Expenses | $13M |
| Other Expenses | $9M |
| Operating Expenses | $22M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $25M |
| Interest Income | $37M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $2M |
| EBIT | $25M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $444.0K |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | -$256.0K |
| Change in Working Capital | $807.0K |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$51M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | -$22M |
| NET CASH FROM INVESTING | -$47M |
| Net Debt Issuance | -$29M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $59M |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | -$657.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $550M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $642M |
| PP&E (Net) | $73M |
| Goodwill | $76M |
| Intangible Assets | $2M |
| Long-Term Investments | $3.2B |
| Tax Assets | $12M |
| Other Non-Current Assets | $140M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $0 |
| Short-Term Debt | $252M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.3B |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $45M |
| TOTAL NON-CURRENT LIABILITIES | $62M |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $48M |
| Additional Paid-In Capital | $141M |
| Retained Earnings | $443M |
| Treasury Stock | -$125M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $502M |
| Minority Interest | $0 |
| TOTAL EQUITY | $502M |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $269M |
| Net Debt | $186M |
