| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $61M | $42M | $40M | 44.0% | 51.6% |
| Op. Income | $12M | $8M | $7M | 56.8% | 83.9% |
| Gross Margin | 71.3% | 71.7% | 71.4% | -0.4pp | -0.1pp |
| Net Margin | 12.7% | 12.8% | 11.0% | -0.0pp | 1.7pp |
| EPS (Diluted) | $0.08 | $0.07 | $0.05 | 14.3% | 60.0% |
| Free Cash Flow | $15M | $12M | $7M | 24.5% | 115.7% |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $757.0K |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $14M |
| Operating Expenses | $31M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $12M |
| Interest Income | $57M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $4M |
| 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 | $1M |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $757.0K |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $14M |
| Operating Expenses | $31M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $12M |
| Interest Income | $57M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $4M |
| 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 | $1M |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$158M |
| Sales/Maturities of Investments | $354M |
| Other Investing Activities | -$42M |
| NET CASH FROM INVESTING | $151M |
| Net Debt Issuance | -$68M |
| Common Stock Repurchased | -$64M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $57M |
| NET CASH FROM FINANCING | -$79M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $91M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $129M |
| Short-Term Investments | $725M |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $872M |
| PP&E (Net) | $56M |
| Goodwill | $211M |
| Intangible Assets | $6M |
| Long-Term Investments | $5.1B |
| Tax Assets | $24M |
| Other Non-Current Assets | $349M |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.1B |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $996.0K |
| Additional Paid-In Capital | $923M |
| Retained Earnings | $359M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $19M |
| Other Equity | -$33M |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
