| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $41M | $33M | 7.4% | 36.7% |
| Op. Income | $13M | $11M | $9M | 19.9% | 44.1% |
| Gross Margin | 82.1% | 85.6% | 86.9% | -3.6pp | -4.9pp |
| Net Margin | 22.4% | 19.9% | 14.2% | 2.5pp | 8.1pp |
| EPS (Diluted) | $0.62 | $0.54 | $0.37 | 14.8% | 67.6% |
| Free Cash Flow | $14M | $7M | $13M | 94.9% | 7.3% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $541.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $9M |
| Operating Expenses | $23M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $13M |
| Interest Income | $36M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $26.6B |
| BOTTOM LINE NET INCOME | -$26.6B |
| D&A | $2M |
| EBIT | $13M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $541.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $9M |
| Operating Expenses | $23M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $13M |
| Interest Income | $36M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $26.6B |
| BOTTOM LINE NET INCOME | -$26.6B |
| D&A | $2M |
| EBIT | $13M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $52.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $46M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $54M |
| Net Debt Issuance | -$28M |
| Common Stock Repurchased | -$43.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $40M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $77M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $148M |
| Short-Term Investments | $692M |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $857M |
| PP&E (Net) | $59M |
| Goodwill | $105M |
| Intangible Assets | $34M |
| Long-Term Investments | $2.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $96M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $2M |
| Short-Term Debt | $192M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.0B |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $156M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $181M |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $71M |
| Additional Paid-In Capital | $294M |
| Retained Earnings | $131M |
| Treasury Stock | -$17M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $3M |
| TOTAL STOCKHOLDERS' EQUITY | $476M |
| Minority Interest | $0 |
| TOTAL EQUITY | $476M |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $349M |
| Net Debt | $200M |
