| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53M | $51M | $44M | 3.9% | 20.4% |
| Op. Income | $22M | $23M | $20M | -7.7% | 7.6% |
| Gross Margin | 75.4% | 79.3% | 85.9% | -3.9pp | -10.5pp |
| Net Margin | 34.3% | 22.6% | 32.7% | 11.7pp | 1.6pp |
| EPS (Diluted) | $0.71 | $0.45 | $0.57 | 57.8% | 24.6% |
| Free Cash Flow | $25M | $23M | $18M | 11.7% | 36.7% |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $5M |
| Operating Expenses | $19M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $22M |
| Interest Income | $46M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $2M |
| EBIT | $22M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $5M |
| Operating Expenses | $19M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $22M |
| Interest Income | $46M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $2M |
| EBIT | $22M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $265.0K |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$678.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$54M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | -$32M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | -$56M |
| Common Stock Repurchased | -$185.0K |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $88M |
| NET CASH FROM FINANCING | $27M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $168M |
| Short-Term Investments | $561M |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $743M |
| PP&E (Net) | $56M |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $3.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $122M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $7M |
| Short-Term Debt | $95M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.1B |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $52M |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $108M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $377M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $473M |
| Minority Interest | $89.0K |
| TOTAL EQUITY | $473M |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $126M |
| Net Debt | -$42M |
