| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | $76M | $10M | -49.8% | 265.8% |
| Op. Income | $14M | $54M | -$7M | -73.5% | 304.0% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 30.7% | 48.1% | -47.8% | -17.4pp | 78.5pp |
| EPS (Diluted) | $0.59 | $1.86 | $-0.26 | -68.3% | 326.9% |
| Free Cash Flow | $4M | $57M | $2M | -93.2% | 78.1% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $38M |
| R&D Expenses | $18M |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $14M |
| Interest Income | $928.0K |
| Interest Expense | $9.0K |
| Other Income/Expenses | $960.0K |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| 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 | $587.0K |
| EBIT | $14M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $38M |
| R&D Expenses | $18M |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $14M |
| Interest Income | $928.0K |
| Interest Expense | $9.0K |
| Other Income/Expenses | $960.0K |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| 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 | $587.0K |
| EBIT | $14M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $587.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $291.0K |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$504.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$55M |
| Sales/Maturities of Investments | $53M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$19.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $436.0K |
| NET CASH FROM FINANCING | $417.0K |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $152M |
| Net Receivables | $23M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $248M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $77M |
| Tax Assets | $8M |
| Other Non-Current Assets | $608.0K |
| TOTAL NON-CURRENT ASSETS | $93M |
| TOTAL ASSETS | $341M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | -$18.0K |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $23M |
| Common Stock | $191.0K |
| Additional Paid-In Capital | $261M |
| Retained Earnings | $57M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$458.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $318M |
| Minority Interest | $0 |
| TOTAL EQUITY | $318M |
| TOTAL LIABILITIES & EQUITY | $341M |
| Total Debt | $358.0K |
| Net Debt | -$68M |
