| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $75M | $69M | $66M | 8.3% | 13.4% |
| Op. Income | $28M | $24M | $27M | 16.9% | 3.9% |
| Gross Margin | 79.2% | 78.4% | 84.4% | 0.9pp | -5.2pp |
| Net Margin | 31.5% | 32.6% | 11.4% | -1.1pp | 20.1pp |
| EPS (Diluted) | $1.02 | $0.97 | $0.32 | 5.2% | 218.8% |
| Free Cash Flow | $48M | $8M | $31M | 539.9% | 53.3% |
| Item | Amount |
|---|---|
| REVENUE | $75M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $59M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $12M |
| Operating Expenses | $31M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $28M |
| Interest Income | $64M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $2M |
| EBIT | $28M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $75M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $59M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $12M |
| Operating Expenses | $31M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $28M |
| Interest Income | $64M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $2M |
| EBIT | $28M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $898.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$666.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$71M |
| Sales/Maturities of Investments | $43M |
| Other Investing Activities | -$73M |
| NET CASH FROM INVESTING | -$102M |
| Net Debt Issuance | -$269M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $378M |
| NET CASH FROM FINANCING | $93M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $198M |
| Short-Term Investments | $721M |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $935M |
| PP&E (Net) | $32M |
| Goodwill | $117M |
| Intangible Assets | $9M |
| Long-Term Investments | $4.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $115M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $2M |
| Short-Term Debt | $221M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.6B |
| TOTAL CURRENT LIABILITIES | $4.8B |
| Long-Term Debt | $190M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $230M |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $239.0K |
| Additional Paid-In Capital | $351M |
| Retained Earnings | $305M |
| Treasury Stock | -$43M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $604M |
| Minority Interest | $0 |
| TOTAL EQUITY | $604M |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $412M |
| Net Debt | $214M |
