| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $85M | $7M | $9M | 1138.6% | 826.0% |
| Op. Income | $70M | -$12M | -$13M | 673.9% | 645.5% |
| Gross Margin | 100.0% | 99.4% | 99.5% | 0.5pp | 0.4pp |
| Net Margin | 81.8% | -178.3% | -139.5% | 260.1pp | 221.3pp |
| EPS (Diluted) | $2.29 | $-0.42 | $-0.44 | 645.2% | 620.5% |
| Free Cash Flow | $86M | -$2M | -$14M | 5123.1% | 698.6% |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $35.0K |
| GROSS PROFIT | $85M |
| R&D Expenses | $3M |
| Selling & Marketing | $1M |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $70M |
| Interest Income | $231.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $231.0K |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $453.0K |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $227.0K |
| EBIT | $70M |
| EBITDA | $70M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $35.0K |
| GROSS PROFIT | $85M |
| R&D Expenses | $3M |
| Selling & Marketing | $1M |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $70M |
| Interest Income | $231.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $231.0K |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $453.0K |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $227.0K |
| EBIT | $70M |
| EBITDA | $70M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $227.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $67.0K |
| Other Non-Cash Items | -$41.0K |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $86M |
| Capital Expenditure | -$6.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | $86M |
| Net Change in Cash | $95M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $119M |
| Short-Term Investments | $20M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $147M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $371.0K |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $155M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $34M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $50M |
| Common Stock | $235M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$83M |
| Treasury Stock | -$47M |
| Accum. Other Comp. Income | $104.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $105M |
| Minority Interest | $0 |
| TOTAL EQUITY | $105M |
| TOTAL LIABILITIES & EQUITY | $155M |
| Total Debt | $0 |
| Net Debt | -$119M |
