| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $120M | $153M | $78M | -21.3% | 54.8% |
| Op. Income | $37M | $81M | $39M | -53.9% | -3.7% |
| Gross Margin | 96.5% | 96.9% | 97.6% | -0.4pp | -1.1pp |
| Net Margin | 32.1% | 53.4% | 45.3% | -21.3pp | -13.2pp |
| EPS (Diluted) | $0.12 | $0.26 | $0.12 | -53.8% | 0.0% |
| Free Cash Flow | $36M | $37M | $83M | -2.9% | -57.1% |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $116M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $46M |
| SG&A Expenses | $46M |
| Other Expenses | $100.0K |
| Operating Expenses | $78M |
| Cost & Expenses | $83M |
| OPERATING INCOME | $37M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $429.0K |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $345.0K |
| EBIT | $37M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $116M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $46M |
| SG&A Expenses | $46M |
| Other Expenses | $100.0K |
| Operating Expenses | $78M |
| Cost & Expenses | $83M |
| OPERATING INCOME | $37M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $429.0K |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $345.0K |
| EBIT | $37M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $345.0K |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $59.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $150.0K |
| Purchases of Investments | -$71M |
| Sales/Maturities of Investments | $70M |
| Other Investing Activities | -$500.0K |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$713.0K |
| FREE CASH FLOW | $36M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $183M |
| Short-Term Investments | $205M |
| Net Receivables | $81M |
| Inventory | $7M |
| Other Current Assets | $504.0K |
| TOTAL CURRENT ASSETS | $485M |
| PP&E (Net) | $26M |
| Goodwill | $64M |
| Intangible Assets | $0 |
| Long-Term Investments | $64M |
| Tax Assets | $0 |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $170M |
| TOTAL ASSETS | $655M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $32M |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $115M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $239M |
| Deferred Tax Liabilities | -$15M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $255M |
| TOTAL LIABILITIES | $370M |
| Common Stock | $296.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$347.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $285M |
| Minority Interest | $0 |
| TOTAL EQUITY | $285M |
| TOTAL LIABILITIES & EQUITY | $655M |
| Total Debt | $15M |
| Net Debt | -$169M |
