| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $185M | — | $131M | — | 40.6% |
| Op. Income | -$114M | — | $17M | — | -783.6% |
| Gross Margin | 78.0% | — | 67.0% | — | 11.0pp |
| Net Margin | 61.3% | — | -56.4% | — | 117.7pp |
| EPS (Diluted) | $0.37 | — | $-0.85 | — | 143.1% |
| Free Cash Flow | $64M | — | $49M | — | 30.6% |
| Item | Amount |
|---|---|
| REVENUE | $185M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $144M |
| R&D Expenses | $12M |
| Selling & Marketing | $26M |
| General & Administrative | $31M |
| SG&A Expenses | $57M |
| Other Expenses | $188M |
| Operating Expenses | $258M |
| Cost & Expenses | $298M |
| OPERATING INCOME | -$114M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $198M |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | -$28M |
| Net Income from Continuing Ops | $113M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $113M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $113M |
| D&A | $0 |
| EBIT | $71M |
| EBITDA | $71M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $113M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$37M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.9B |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.8B |
| NET CASH FROM INVESTING | -$120M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$66M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $130M |
| NET CASH FROM FINANCING | $64M |
| FREE CASH FLOW | $64M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $236M |
| Short-Term Investments | $248M |
| Net Receivables | $778M |
| Inventory | $0 |
| Other Current Assets | $537M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $21M |
| Goodwill | $7M |
| Intangible Assets | $10M |
| Long-Term Investments | $24M |
| Tax Assets | $18M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $89M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $132M |
| Short-Term Debt | $4M |
| Deferred Revenue | $24M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $24M |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | -$20M |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $14.9K |
| Additional Paid-In Capital | $861M |
| Retained Earnings | $7M |
| Treasury Stock | -$49M |
| Accum. Other Comp. Income | $46M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $866M |
| Minority Interest | $9M |
| TOTAL EQUITY | $875M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $4M |
| Net Debt | -$232M |
