| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63M | $59M | $48M | 6.7% | 31.8% |
| Op. Income | $16M | $15M | $11M | 6.8% | 45.6% |
| Gross Margin | 79.8% | 83.3% | 86.5% | -3.5pp | -6.8pp |
| Net Margin | 21.0% | 20.9% | 12.1% | 0.1pp | 8.9pp |
| EPS (Diluted) | $0.55 | $0.52 | $0.20 | 5.8% | 175.0% |
| Free Cash Flow | $12M | $32M | $5M | -61.3% | 144.8% |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $21M |
| SG&A Expenses | $23M |
| Other Expenses | $12M |
| Operating Expenses | $34M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $16M |
| Interest Income | $53M |
| Interest Expense | $11M |
| 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 | -$72.0K |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $2M |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $21M |
| SG&A Expenses | $23M |
| Other Expenses | $12M |
| Operating Expenses | $34M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $16M |
| Interest Income | $53M |
| Interest Expense | $11M |
| 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 | -$72.0K |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $2M |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $634.0K |
| Deferred Income Tax | $954.0K |
| Other Non-Cash Items | -$112.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$29.0K |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $43M |
| Other Investing Activities | -$192M |
| NET CASH FROM INVESTING | -$180M |
| Net Debt Issuance | $80M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$768.0K |
| Other Financing Activities | $62M |
| NET CASH FROM FINANCING | $143M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $117M |
| Short-Term Investments | $576M |
| Net Receivables | $84M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $776M |
| PP&E (Net) | $75M |
| Goodwill | $27M |
| Intangible Assets | $31M |
| Long-Term Investments | $3.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $75M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.8B |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $455M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $455M |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $119M |
| Additional Paid-In Capital | $242M |
| Retained Earnings | $192M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $550M |
| Minority Interest | $0 |
| TOTAL EQUITY | $550M |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $455M |
| Net Debt | $338M |
