| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $33M | $26M | 23.8% | 54.3% |
| Op. Income | $22M | $17M | $14M | 28.1% | 49.6% |
| Gross Margin | 77.1% | 75.1% | 78.3% | 2.0pp | -1.2pp |
| Net Margin | 49.8% | 31.8% | 33.1% | 18.1pp | 16.7pp |
| EPS (Diluted) | $0.49 | $0.26 | $0.25 | 88.5% | 96.0% |
| Free Cash Flow | -$208M | $215M | $274M | -196.7% | -175.9% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $2M |
| Operating Expenses | $10M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $22M |
| Interest Income | $27M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $95.0K |
| EBIT | $22M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $2M |
| Operating Expenses | $10M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $22M |
| Interest Income | $27M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $95.0K |
| EBIT | $22M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $95.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$200M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | -$208M |
| Capital Expenditure | -$34.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$52M |
| Sales/Maturities of Investments | $73M |
| Other Investing Activities | -$166M |
| NET CASH FROM INVESTING | -$146M |
| Net Debt Issuance | -$12.0K |
| Common Stock Repurchased | -$106M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $148M |
| NET CASH FROM FINANCING | $146M |
| FREE CASH FLOW | -$208M |
| Net Change in Cash | -$207M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $360M |
| Short-Term Investments | $408M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $776M |
| PP&E (Net) | $5M |
| Goodwill | $4M |
| Intangible Assets | $68M |
| Long-Term Investments | $2.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $178M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $0 |
| Short-Term Debt | $25M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.9B |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $32M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $135M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $192M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $367M |
| Minority Interest | $0 |
| TOTAL EQUITY | $367M |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $57M |
| Net Debt | -$303M |
