| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47M | $46M | $38M | 1.7% | 25.4% |
| Op. Income | $14M | $13M | $12M | 5.5% | 19.8% |
| Gross Margin | 79.0% | 79.6% | 80.4% | -0.6pp | -1.4pp |
| Net Margin | 22.9% | 22.3% | 21.2% | 0.6pp | 1.7pp |
| EPS (Diluted) | $0.57 | $0.56 | $0.46 | 1.8% | 23.9% |
| Free Cash Flow | $14M | $11M | $23M | 27.1% | -39.8% |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $311.0K |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $8M |
| Operating Expenses | $23M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $14M |
| Interest Income | $37M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $979.0K |
| EBIT | $14M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $311.0K |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $8M |
| Operating Expenses | $23M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $14M |
| Interest Income | $37M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $979.0K |
| EBIT | $14M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $979.0K |
| Stock-Based Compensation | $53.0K |
| Deferred Income Tax | $391.0K |
| Other Non-Cash Items | $479.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$246.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$39M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | -$14M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | $201M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$853.0K |
| Other Financing Activities | -$146M |
| NET CASH FROM FINANCING | $64M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $153M |
| Short-Term Investments | $343M |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $503M |
| PP&E (Net) | $29M |
| Goodwill | $17M |
| Intangible Assets | $7M |
| Long-Term Investments | $3.7B |
| Tax Assets | $629.0K |
| Other Non-Current Assets | $101M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $0 |
| Short-Term Debt | $216M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $106M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $115M |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $16M |
| Additional Paid-In Capital | $294M |
| Retained Earnings | $124M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $422M |
| Minority Interest | $0 |
| TOTAL EQUITY | $422M |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $331M |
| Net Debt | $177M |
