| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $84M | $85M | $78M | -1.2% | 7.8% |
| Op. Income | $38M | $39M | $34M | -2.4% | 9.9% |
| Gross Margin | 95.2% | 94.9% | 95.6% | 0.3pp | -0.4pp |
| Net Margin | 43.2% | 34.7% | 34.4% | 8.5pp | 8.9pp |
| EPS (Diluted) | $0.27 | $0.22 | $0.20 | 22.7% | 35.0% |
| Free Cash Flow | $34M | $53M | $30M | -36.3% | 13.2% |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $866.0K |
| General & Administrative | $25M |
| SG&A Expenses | $26M |
| Other Expenses | $16M |
| Operating Expenses | $42M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $38M |
| Interest Income | $64M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $3M |
| EBIT | $38M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $866.0K |
| General & Administrative | $25M |
| SG&A Expenses | $26M |
| Other Expenses | $16M |
| Operating Expenses | $42M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $38M |
| Interest Income | $64M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $3M |
| EBIT | $38M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$318M |
| Sales/Maturities of Investments | $92M |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$240M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $266M |
| NET CASH FROM FINANCING | $233M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $374M |
| Short-Term Investments | $3.1B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $124M |
| Goodwill | $0 |
| Intangible Assets | $141M |
| Long-Term Investments | $3.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $76M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $7.3B |
| Account Payables | $0 |
| Short-Term Debt | $331M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.0B |
| TOTAL CURRENT LIABILITIES | $6.3B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $663.0K |
| Additional Paid-In Capital | $378M |
| Retained Earnings | $517M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | $27M |
| Other Equity | $7M |
| TOTAL STOCKHOLDERS' EQUITY | $923M |
| Minority Interest | $0 |
| TOTAL EQUITY | $923M |
| TOTAL LIABILITIES & EQUITY | $7.3B |
| Total Debt | $331M |
| Net Debt | -$43M |
