| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $22M | $19M | 6.0% | 21.6% |
| Op. Income | $12M | $12M | $10M | 5.7% | 18.9% |
| Gross Margin | 74.6% | 74.8% | 80.6% | -0.2pp | -6.0pp |
| Net Margin | 38.1% | 30.3% | 31.7% | 7.8pp | 6.3pp |
| EPS (Diluted) | $4.08 | $3.06 | $2.80 | 33.3% | 45.7% |
| Free Cash Flow | $10M | $8M | $9M | 29.4% | 12.7% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $167.0K |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | $471.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $12M |
| Interest Income | $22M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $157.0K |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $167.0K |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | $471.0K |
| Operating Expenses | $5M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $12M |
| Interest Income | $22M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $157.0K |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $157.0K |
| Stock-Based Compensation | $44.0K |
| Deferred Income Tax | $198.0K |
| Other Non-Cash Items | -$603.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$36.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $124.0K |
| Other Investing Activities | -$36M |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | -$80M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $26M |
| NET CASH FROM FINANCING | -$55M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | -$84M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $271M |
| Short-Term Investments | $17.0K |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $276M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.9B |
| Tax Assets | $1M |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $774.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $500M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $513M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $12M |
| Retained Earnings | $180M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $194M |
| Minority Interest | $0 |
| TOTAL EQUITY | $194M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $500M |
| Net Debt | $229M |
