| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39M | $41M | $26M | -3.4% | 50.3% |
| Op. Income | $20M | $22M | $15M | -8.8% | 33.9% |
| Gross Margin | 73.8% | 77.1% | 78.2% | -3.3pp | -4.4pp |
| Net Margin | 38.2% | 49.8% | 34.8% | -11.6pp | 3.4pp |
| EPS (Diluted) | $0.33 | $0.49 | $0.26 | -32.7% | 26.9% |
| Free Cash Flow | -$125M | -$208M | -$89M | 39.7% | -41.3% |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $3M |
| Operating Expenses | $9M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $20M |
| Interest Income | $29M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $103.0K |
| EBIT | $20M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $3M |
| Operating Expenses | $9M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $20M |
| Interest Income | $29M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $103.0K |
| EBIT | $20M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $103.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$84M |
| Change in Working Capital | -$55M |
| OPERATING CASH FLOW | -$124M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $7M |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | -$172M |
| NET CASH FROM INVESTING | -$169M |
| Net Debt Issuance | $142M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $82M |
| NET CASH FROM FINANCING | $221M |
| FREE CASH FLOW | -$125M |
| Net Change in Cash | -$72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $288M |
| Short-Term Investments | $413M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $711M |
| PP&E (Net) | $7M |
| Goodwill | $5M |
| Intangible Assets | $69M |
| Long-Term Investments | $2.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $239M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.1B |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $199M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $234M |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $135M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $205M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $380M |
| Minority Interest | $0 |
| TOTAL EQUITY | $380M |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $199M |
| Net Debt | -$88M |
