| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $68M | $51M | $47M | 33.0% | 46.6% |
| Op. Income | $10M | $8M | $7M | 19.6% | 44.8% |
| Gross Margin | 92.4% | 84.0% | 87.5% | 8.5pp | 4.9pp |
| Net Margin | 12.4% | -19.7% | 17.7% | 32.0pp | -5.3pp |
| EPS (Diluted) | $0.27 | $-0.37 | $0.30 | 173.0% | -10.0% |
| Free Cash Flow | $9M | $16M | $20M | -44.7% | -58.0% |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $36M |
| SG&A Expenses | $37M |
| Other Expenses | $16M |
| Operating Expenses | $53M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $10M |
| Interest Income | $53M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| 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 | $3M |
| EBIT | $10M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $36M |
| SG&A Expenses | $37M |
| Other Expenses | $16M |
| Operating Expenses | $53M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $10M |
| Interest Income | $53M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| 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 | $3M |
| EBIT | $10M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $833.0K |
| Deferred Income Tax | -$609.0K |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $69M |
| Purchases of Investments | -$83M |
| Sales/Maturities of Investments | $104M |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | $103M |
| Net Debt Issuance | -$86M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | -$74M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $287M |
| Short-Term Investments | $918M |
| Net Receivables | $27M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $112M |
| Goodwill | $115M |
| Intangible Assets | $16M |
| Long-Term Investments | $4.0B |
| Tax Assets | $36M |
| Other Non-Current Assets | $115M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $7M |
| Short-Term Debt | $141M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.7B |
| TOTAL CURRENT LIABILITIES | $4.9B |
| Long-Term Debt | $77M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $59M |
| TOTAL NON-CURRENT LIABILITIES | $136M |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $515.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $68M |
| Treasury Stock | -$420M |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $646M |
| Minority Interest | $0 |
| TOTAL EQUITY | $646M |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $219M |
| Net Debt | -$68M |
