| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $76M | $73M | $68M | 3.0% | 10.4% |
| Op. Income | $30M | $28M | $20M | 7.2% | 48.7% |
| Gross Margin | 89.4% | 91.2% | 93.8% | -1.8pp | -4.5pp |
| Net Margin | 31.6% | 30.0% | 20.7% | 1.6pp | 10.9pp |
| EPS (Diluted) | $0.80 | $0.74 | $0.48 | 8.1% | 66.7% |
| Free Cash Flow | $19M | $24M | $35M | -22.2% | -46.8% |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $15M |
| Operating Expenses | $38M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $30M |
| Interest Income | $61M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $6M |
| 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 | $3M |
| EBIT | $30M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $15M |
| Operating Expenses | $38M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $30M |
| Interest Income | $61M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $6M |
| 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 | $3M |
| EBIT | $30M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $368.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$182M |
| Sales/Maturities of Investments | $37M |
| Other Investing Activities | -$49M |
| NET CASH FROM INVESTING | -$198M |
| Net Debt Issuance | -$30.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $131M |
| NET CASH FROM FINANCING | $128M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | -$48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $463M |
| Short-Term Investments | $501M |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $980M |
| PP&E (Net) | $119M |
| Goodwill | $234M |
| Intangible Assets | $21M |
| Long-Term Investments | $4.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $176M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $2M |
| Short-Term Debt | $343M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.7B |
| TOTAL CURRENT LIABILITIES | $5.0B |
| Long-Term Debt | $350M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$254M |
| TOTAL NON-CURRENT LIABILITIES | $96M |
| TOTAL LIABILITIES | $5.1B |
| Common Stock | $434M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $342M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $3M |
| TOTAL STOCKHOLDERS' EQUITY | $764M |
| Minority Interest | $0 |
| TOTAL EQUITY | $764M |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $693M |
| Net Debt | $230M |
