| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $45M | $39M | $38M | 15.0% | 17.4% |
| Op. Income | $13M | $11M | $7M | 25.6% | 85.9% |
| Gross Margin | 85.6% | 87.4% | 76.2% | -1.7pp | 9.5pp |
| Net Margin | 17.1% | 21.0% | 14.7% | -3.9pp | 2.4pp |
| EPS (Diluted) | $0.20 | $0.24 | $0.17 | -16.7% | 17.6% |
| Free Cash Flow | $12M | $9M | $14M | 27.6% | -18.8% |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $10M |
| Operating Expenses | $25M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $13M |
| Interest Income | $37M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $13M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $10M |
| Operating Expenses | $25M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $13M |
| Interest Income | $37M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $13M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $87.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$291.0K |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$22.0K |
| Acquisitions (Net) | $13M |
| Purchases of Investments | -$33M |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | -$96M |
| NET CASH FROM INVESTING | -$90M |
| Net Debt Issuance | $69M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | $82M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $510M |
| Net Receivables | $13M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $599M |
| PP&E (Net) | $76M |
| Goodwill | $120M |
| Intangible Assets | $12M |
| Long-Term Investments | $3.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $135M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $886.0K |
| Short-Term Debt | $217M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.9B |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $386M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $408M |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $275M |
| Retained Earnings | $186M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $457M |
| Minority Interest | $0 |
| TOTAL EQUITY | $457M |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $602M |
| Net Debt | $525M |
