| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $190M | $64M | $39M | 197.4% | 386.0% |
| Op. Income | $126M | $8M | -$23M | 1459.1% | 657.8% |
| Gross Margin | 96.0% | 86.9% | 79.5% | 9.1pp | 16.6pp |
| Net Margin | 65.4% | 4.3% | -70.2% | 61.0pp | 135.6pp |
| EPS (Diluted) | $0.85 | $0.02 | $-0.21 | 4150.0% | 504.8% |
| Free Cash Flow | $152M | $20M | -$16M | 658.2% | 1039.9% |
| Item | Amount |
|---|---|
| REVENUE | $190M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $182M |
| R&D Expenses | $41M |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $126M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $122M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $493.0K |
| EBIT | $126M |
| EBITDA | $126M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $190M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $182M |
| R&D Expenses | $41M |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $126M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $122M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $493.0K |
| EBIT | $126M |
| EBITDA | $126M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $124M |
| Depreciation & Amortization | $493.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$207.0K |
| Other Non-Cash Items | $20M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $153M |
| Capital Expenditure | -$860.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$199M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | -$148M |
| NET CASH FROM INVESTING | -$149M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $82.0K |
| FREE CASH FLOW | $152M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $169M |
| Short-Term Investments | $300M |
| Net Receivables | $22M |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $510M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $520M |
| Account Payables | $8M |
| Short-Term Debt | $77M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $131M |
| Long-Term Debt | $125M |
| Deferred Revenue NC | $54M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $814.0K |
| TOTAL NON-CURRENT LIABILITIES | $180M |
| TOTAL LIABILITIES | $312M |
| Common Stock | $143.0K |
| Additional Paid-In Capital | $731M |
| Retained Earnings | -$522M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$450.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $208M |
| Minority Interest | $0 |
| TOTAL EQUITY | $208M |
| TOTAL LIABILITIES & EQUITY | $520M |
| Total Debt | $202M |
| Net Debt | $34M |
