| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $51M | $48M | $45M | 6.0% | 13.3% |
| Op. Income | $16M | $11M | $10M | 48.3% | 64.8% |
| Gross Margin | 89.7% | 86.5% | 82.5% | 3.2pp | 7.2pp |
| Net Margin | 26.5% | 12.1% | 16.2% | 14.4pp | 10.3pp |
| EPS (Diluted) | $0.53 | $0.20 | $0.27 | 165.0% | 96.3% |
| Free Cash Flow | $26M | $5M | $38M | 408.4% | -31.3% |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $45M |
| R&D Expenses | $0 |
| Selling & Marketing | $657.0K |
| General & Administrative | $18M |
| SG&A Expenses | $19M |
| Other Expenses | $10M |
| Operating Expenses | $29M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $16M |
| Interest Income | $41M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | -$32.0K |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $1M |
| EBIT | $16M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $45M |
| R&D Expenses | $0 |
| Selling & Marketing | $657.0K |
| General & Administrative | $18M |
| SG&A Expenses | $19M |
| Other Expenses | $10M |
| Operating Expenses | $29M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $16M |
| Interest Income | $41M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | -$32.0K |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $1M |
| EBIT | $16M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $194.0K |
| Deferred Income Tax | $533.0K |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$192.0K |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$544.0K |
| Acquisitions (Net) | $144.0K |
| Purchases of Investments | -$120M |
| Sales/Maturities of Investments | $103M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | -$248.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $60M |
| NET CASH FROM FINANCING | $58M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $247M |
| Short-Term Investments | $414M |
| Net Receivables | $83M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $744M |
| PP&E (Net) | $77M |
| Goodwill | $24M |
| Intangible Assets | $26M |
| Long-Term Investments | $3.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $51M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $142M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $177M |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $98M |
| Additional Paid-In Capital | $146M |
| Retained Earnings | $156M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | -$35M |
| TOTAL STOCKHOLDERS' EQUITY | $428M |
| Minority Interest | $0 |
| TOTAL EQUITY | $428M |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $142M |
| Net Debt | -$105M |
