| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | $66M | $51M | -1.8% | 27.6% |
| Op. Income | $25M | $27M | $17M | -9.7% | 41.2% |
| Gross Margin | 83.2% | 84.4% | 87.2% | -1.2pp | -4.0pp |
| Net Margin | 32.3% | 11.4% | 24.4% | 20.9pp | 7.9pp |
| EPS (Diluted) | $0.90 | $0.32 | $0.56 | 181.3% | 60.7% |
| Free Cash Flow | $22M | $31M | -$31M | -30.6% | 169.9% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $10M |
| Operating Expenses | $29M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $25M |
| Interest Income | $55M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $4M |
| 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 | $25M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $10M |
| Operating Expenses | $29M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $25M |
| Interest Income | $55M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $4M |
| 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 | $25M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $718.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$370.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$58M |
| Sales/Maturities of Investments | $36M |
| Other Investing Activities | -$92M |
| NET CASH FROM INVESTING | -$114M |
| Net Debt Issuance | -$35M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $122M |
| NET CASH FROM FINANCING | $82M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $144M |
| Short-Term Investments | $652M |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $814M |
| PP&E (Net) | $32M |
| Goodwill | $117M |
| Intangible Assets | $10M |
| Long-Term Investments | $4.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $119M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.3B |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $509M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $545M |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $239.0K |
| Additional Paid-In Capital | $348M |
| Retained Earnings | $245M |
| Treasury Stock | -$26M |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $555M |
| Minority Interest | $0 |
| TOTAL EQUITY | $555M |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $509M |
| Net Debt | $365M |
