| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $51M | $50M | $43M | 2.7% | 19.5% |
| Op. Income | $23M | $23M | $20M | 0.0% | 16.4% |
| Gross Margin | 79.3% | 83.2% | 84.8% | -3.8pp | -5.4pp |
| Net Margin | 22.6% | 31.6% | 31.4% | -9.0pp | -8.8pp |
| EPS (Diluted) | $0.45 | $0.62 | $0.53 | -27.4% | -15.1% |
| Free Cash Flow | $23M | $16M | $12M | 42.0% | 95.7% |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $5M |
| Operating Expenses | $17M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $23M |
| Interest Income | $44M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $2M |
| EBIT | $23M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $5M |
| Operating Expenses | $17M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $23M |
| Interest Income | $44M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $2M |
| EBIT | $23M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | -$186M |
| NET CASH FROM INVESTING | -$194M |
| Net Debt Issuance | $87M |
| Common Stock Repurchased | -$37.0K |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $135M |
| NET CASH FROM FINANCING | $216M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | $46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $176M |
| Short-Term Investments | $538M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $729M |
| PP&E (Net) | $56M |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $3.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $118M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $6M |
| Short-Term Debt | $151M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.0B |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $49M |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $109M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $364M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$670.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $469M |
| Minority Interest | $89.0K |
| TOTAL EQUITY | $469M |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $182M |
| Net Debt | $5M |
