| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | $57M | $54M | 4.8% | 11.4% |
| Op. Income | $28M | $17M | $16M | 66.5% | 75.4% |
| Gross Margin | 81.2% | 81.4% | 81.4% | -0.2pp | -0.2pp |
| Net Margin | 37.4% | 24.1% | 21.6% | 13.3pp | 15.8pp |
| EPS (Diluted) | $1.57 | $0.97 | $0.82 | 61.9% | 91.5% |
| Free Cash Flow | $21M | $19M | $28M | 13.8% | -25.0% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $589.0K |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $4M |
| Operating Expenses | $21M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $28M |
| Interest Income | $53M |
| Interest Expense | $10M |
| 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 | $3M |
| EBIT | $28M |
| EBITDA | $31M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $589.0K |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $4M |
| Operating Expenses | $21M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $28M |
| Interest Income | $53M |
| Interest Expense | $10M |
| 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 | $3M |
| EBIT | $28M |
| EBITDA | $31M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $182.0K |
| Deferred Income Tax | $266.0K |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$125M |
| NET CASH FROM INVESTING | -$149M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $61M |
| NET CASH FROM FINANCING | $55M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | -$72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $209M |
| Short-Term Investments | $191M |
| Net Receivables | $26M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $467M |
| PP&E (Net) | $133M |
| Goodwill | $5M |
| Intangible Assets | $4M |
| Long-Term Investments | $3.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $18M |
| Short-Term Debt | $114M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $3.7B |
| Long-Term Debt | $340M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $348M |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $142.0K |
| Additional Paid-In Capital | $30M |
| Retained Earnings | $480M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $508M |
| Minority Interest | $0 |
| TOTAL EQUITY | $508M |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $453M |
| Net Debt | $244M |
