| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $61M | $63M | $56M | -3.7% | 10.0% |
| Op. Income | $21M | $25M | $22M | -16.2% | -8.2% |
| Gross Margin | 82.3% | 84.8% | 89.4% | -2.5pp | -7.0pp |
| Net Margin | 24.3% | 18.1% | 24.8% | 6.2pp | -0.5pp |
| EPS (Diluted) | $0.46 | $0.36 | $0.43 | 27.8% | 7.0% |
| Free Cash Flow | $18M | $23M | $20M | -22.8% | -8.6% |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $876.0K |
| General & Administrative | $19M |
| SG&A Expenses | $20M |
| Other Expenses | $10M |
| Operating Expenses | $30M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $21M |
| Interest Income | $55M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $2M |
| EBIT | $21M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $876.0K |
| General & Administrative | $19M |
| SG&A Expenses | $20M |
| Other Expenses | $10M |
| Operating Expenses | $30M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $21M |
| Interest Income | $55M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $2M |
| EBIT | $21M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $884.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$801.0K |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$481.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$47M |
| Sales/Maturities of Investments | $44M |
| Other Investing Activities | -$110M |
| NET CASH FROM INVESTING | -$113M |
| Net Debt Issuance | $70M |
| Common Stock Repurchased | -$431.0K |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $30M |
| NET CASH FROM FINANCING | $92M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $152M |
| Short-Term Investments | $570M |
| Net Receivables | $13M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $801M |
| PP&E (Net) | $26M |
| Goodwill | $11M |
| Intangible Assets | $1M |
| Long-Term Investments | $4.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $78M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $6M |
| Short-Term Debt | $220M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.4B |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $117M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $870.0K |
| TOTAL NON-CURRENT LIABILITIES | $118M |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $567M |
| Retained Earnings | $78M |
| Treasury Stock | -$72M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $564M |
| Minority Interest | $0 |
| TOTAL EQUITY | $564M |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $337M |
| Net Debt | $186M |
