| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $68M | $57M | $43M | 19.3% | 60.1% |
| Op. Income | $20M | $20M | $13M | 2.5% | 59.8% |
| Gross Margin | 93.8% | 94.1% | 95.3% | -0.3pp | -1.5pp |
| Net Margin | 20.7% | 22.8% | 19.5% | -2.1pp | 1.2pp |
| EPS (Diluted) | $0.48 | $0.53 | $0.40 | -9.4% | 20.0% |
| Free Cash Flow | $35M | -$14M | $14M | 344.6% | 150.8% |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $64M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $20M |
| Operating Expenses | $44M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $20M |
| Interest Income | $53M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $3M |
| EBIT | $20M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $64M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $20M |
| Operating Expenses | $44M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $20M |
| Interest Income | $53M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $3M |
| EBIT | $20M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $235.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $24M |
| Purchases of Investments | -$156M |
| Sales/Maturities of Investments | $108M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $76M |
| NET CASH FROM FINANCING | $65M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | $81M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $489M |
| Short-Term Investments | $343M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $847M |
| PP&E (Net) | $116M |
| Goodwill | $233M |
| Intangible Assets | $24M |
| Long-Term Investments | $4.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $176M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $1M |
| Short-Term Debt | $343M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.4B |
| TOTAL CURRENT LIABILITIES | $4.8B |
| Long-Term Debt | $351M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$248M |
| TOTAL NON-CURRENT LIABILITIES | $103M |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $433M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $264M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $4M |
| TOTAL STOCKHOLDERS' EQUITY | $693M |
| Minority Interest | $0 |
| TOTAL EQUITY | $693M |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $694M |
| Net Debt | $204M |
