| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36M | $36M | $35M | -0.2% | 2.1% |
| Op. Income | $12M | $13M | $14M | -5.9% | -10.7% |
| Gross Margin | 89.5% | 90.8% | 93.8% | -1.4pp | -4.3pp |
| Net Margin | 32.1% | 26.6% | 28.4% | 5.5pp | 3.7pp |
| EPS (Diluted) | $0.51 | $0.42 | $0.44 | 21.4% | 15.9% |
| Free Cash Flow | $7M | $11M | $7M | -37.0% | 6.2% |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $820.0K |
| General & Administrative | $12M |
| SG&A Expenses | $13M |
| Other Expenses | $7M |
| Operating Expenses | $20M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $12M |
| Interest Income | $29M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $777.0K |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $1M |
| EBIT | $12M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $820.0K |
| General & Administrative | $12M |
| SG&A Expenses | $13M |
| Other Expenses | $7M |
| Operating Expenses | $20M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $12M |
| Interest Income | $29M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $777.0K |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $1M |
| EBIT | $12M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $305.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | -$53M |
| NET CASH FROM INVESTING | -$65M |
| Net Debt Issuance | $13M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $60M |
| NET CASH FROM FINANCING | $70M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $741M |
| Net Receivables | $30M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $818M |
| PP&E (Net) | $54M |
| Goodwill | $54M |
| Intangible Assets | $2M |
| Long-Term Investments | $2.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $83M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $21M |
| Short-Term Debt | $133M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.5B |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $138M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $142M |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $23M |
| Additional Paid-In Capital | $165M |
| Retained Earnings | $179M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $365M |
| Minority Interest | $0 |
| TOTAL EQUITY | $365M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $275M |
| Net Debt | $228M |
