| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | $57M | $58M | 5.3% | 3.4% |
| Op. Income | $16M | $15M | $31M | 1.9% | -49.4% |
| Gross Margin | 64.1% | 64.9% | 74.3% | -0.9pp | -10.2pp |
| Net Margin | 20.8% | 20.7% | 26.6% | 0.1pp | -5.9pp |
| EPS (Diluted) | $0.34 | $0.32 | $0.41 | 6.3% | -17.1% |
| Free Cash Flow | $19M | $16M | $6M | 19.4% | 241.0% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $7M |
| Operating Expenses | $23M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $16M |
| Interest Income | $58M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $3M |
| 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 | $2M |
| EBIT | $16M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $7M |
| Operating Expenses | $23M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $16M |
| Interest Income | $58M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $3M |
| 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 | $2M |
| EBIT | $16M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $326.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $646.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$31M |
| Sales/Maturities of Investments | $136.0K |
| Other Investing Activities | $18M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $82M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$60M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $147M |
| Short-Term Investments | $503M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $650M |
| PP&E (Net) | $25M |
| Goodwill | $56M |
| Intangible Assets | $0 |
| Long-Term Investments | $5.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $211M |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.4B |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $123M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $5.7B |
| Common Stock | $537.0K |
| Additional Paid-In Capital | $278M |
| Retained Earnings | $566M |
| Treasury Stock | -$230M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | -$5M |
| TOTAL STOCKHOLDERS' EQUITY | $602M |
| Minority Interest | $0 |
| TOTAL EQUITY | $602M |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
