| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $45M | $43M | $37M | 4.8% | 23.2% |
| Op. Income | $22M | $23M | $16M | -0.1% | 41.8% |
| Gross Margin | 80.0% | 79.2% | 79.0% | 0.8pp | 1.0pp |
| Net Margin | 36.8% | 17.9% | 28.1% | 18.9pp | 8.7pp |
| EPS (Diluted) | $1.09 | $0.51 | $0.71 | 113.7% | 53.5% |
| Free Cash Flow | $24M | $12M | $16M | 104.9% | 55.6% |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $4M |
| Operating Expenses | $14M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $22M |
| Interest Income | $44M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $6M |
| 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 | $16M |
| D&A | $269.0K |
| EBIT | $22M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $4M |
| Operating Expenses | $14M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $22M |
| Interest Income | $44M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $6M |
| 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 | $16M |
| D&A | $269.0K |
| EBIT | $22M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $269.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$296.0K |
| Acquisitions (Net) | -$662.0K |
| Purchases of Investments | -$662.0K |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$157M |
| NET CASH FROM INVESTING | -$157M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$556.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $144.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | -$134M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $309M |
| Short-Term Investments | $178M |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $498M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.1B |
| Tax Assets | $18M |
| Other Non-Current Assets | $147M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.3B |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $105M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $144M |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $211M |
| Additional Paid-In Capital | $42M |
| Retained Earnings | $153M |
| Treasury Stock | -$34M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $371M |
| Minority Interest | $0 |
| TOTAL EQUITY | $371M |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $105M |
| Net Debt | -$203M |
