| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $72M | $73M | $51M | -1.3% | 40.5% |
| Op. Income | $21M | $23M | $8M | -8.8% | 142.7% |
| Gross Margin | 86.7% | 90.5% | 84.0% | -3.8pp | 2.7pp |
| Net Margin | 23.9% | 24.9% | -19.7% | -1.1pp | 43.5pp |
| EPS (Diluted) | $0.55 | $0.58 | $-0.37 | -5.2% | 248.6% |
| Free Cash Flow | $49M | $52M | $16M | -5.9% | 216.4% |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $924.0K |
| General & Administrative | $29M |
| SG&A Expenses | $30M |
| Other Expenses | $12M |
| Operating Expenses | $42M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $21M |
| Interest Income | $59M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $3M |
| EBIT | $21M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $924.0K |
| General & Administrative | $29M |
| SG&A Expenses | $30M |
| Other Expenses | $12M |
| Operating Expenses | $42M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $21M |
| Interest Income | $59M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $3M |
| EBIT | $21M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $62M |
| Other Investing Activities | -$162M |
| NET CASH FROM INVESTING | -$136M |
| Net Debt Issuance | $157M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$68M |
| NET CASH FROM FINANCING | $84M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $791M |
| Net Receivables | $22M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $922M |
| PP&E (Net) | $110M |
| Goodwill | $115M |
| Intangible Assets | $13M |
| Long-Term Investments | $4.4B |
| Tax Assets | $28M |
| Other Non-Current Assets | $126M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $7M |
| Short-Term Debt | $66M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.5B |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $302M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $352M |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $515.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $107M |
| Treasury Stock | -$416M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $695M |
| Minority Interest | $0 |
| TOTAL EQUITY | $695M |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $368M |
| Net Debt | $258M |
