| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $89M | $91M | $73M | -2.2% | 21.1% |
| Op. Income | $28M | $30M | $23M | -7.2% | 22.8% |
| Gross Margin | 84.5% | 90.6% | 89.6% | -6.1pp | -5.1pp |
| Net Margin | 26.3% | 4.4% | 21.7% | 21.9pp | 4.5pp |
| EPS (Diluted) | $0.24 | $0.04 | $0.18 | 500.0% | 33.3% |
| Free Cash Flow | $20M | $23M | $26M | -14.8% | -24.4% |
| Item | Amount |
|---|---|
| REVENUE | $89M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $809.0K |
| General & Administrative | $29M |
| SG&A Expenses | $30M |
| Other Expenses | $17M |
| Operating Expenses | $47M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $28M |
| Interest Income | $66M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $2M |
| EBIT | $28M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $89M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $809.0K |
| General & Administrative | $29M |
| SG&A Expenses | $30M |
| Other Expenses | $17M |
| Operating Expenses | $47M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $28M |
| Interest Income | $66M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $2M |
| EBIT | $28M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$130M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | $29M |
| NET CASH FROM INVESTING | -$47M |
| Net Debt Issuance | -$126M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $129M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | -$32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $813M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $888M |
| PP&E (Net) | $81M |
| Goodwill | $255M |
| Intangible Assets | $14M |
| Long-Term Investments | $5.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $310M |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $7.3B |
| Account Payables | $0 |
| Short-Term Debt | $588M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.7B |
| TOTAL CURRENT LIABILITIES | $6.3B |
| Long-Term Debt | $80M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $130M |
| TOTAL LIABILITIES | $6.4B |
| Common Stock | $114M |
| Additional Paid-In Capital | $472M |
| Retained Earnings | $454M |
| Treasury Stock | -$128M |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $899M |
| Minority Interest | $0 |
| TOTAL EQUITY | $899M |
| TOTAL LIABILITIES & EQUITY | $7.3B |
| Total Debt | $676M |
| Net Debt | $600M |
