| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $101M | $84M | $38M | 20.4% | 168.1% |
| Op. Income | $58M | $37M | -$13M | 57.4% | 550.8% |
| Gross Margin | 66.8% | 54.7% | -10.9% | 12.1pp | 77.7pp |
| Net Margin | 40.4% | 23.1% | 82.7% | 17.3pp | -42.3pp |
| EPS (Diluted) | $0.50 | $0.20 | $0.44 | 150.0% | 13.6% |
| Free Cash Flow | -$60M | -$4M | $170M | -1352.4% | -135.2% |
| Item | Amount |
|---|---|
| REVENUE | $101M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $68M |
| R&D Expenses | $391.0K |
| Selling & Marketing | $1M |
| General & Administrative | $7M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $58M |
| Interest Income | $43M |
| Interest Expense | $35M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $0 |
| EBIT | $47M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $101M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $68M |
| R&D Expenses | $391.0K |
| Selling & Marketing | $1M |
| General & Administrative | $7M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $58M |
| Interest Income | $43M |
| Interest Expense | $35M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $0 |
| EBIT | $47M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$93M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$60M |
| Capital Expenditure | $79.0K |
| Acquisitions (Net) | -$79.0K |
| Purchases of Investments | -$293.0K |
| Sales/Maturities of Investments | $42M |
| Other Investing Activities | $224M |
| NET CASH FROM INVESTING | $266M |
| Net Debt Issuance | -$114M |
| Common Stock Repurchased | -$72M |
| Common Dividends Paid | -$31M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$228M |
| FREE CASH FLOW | -$60M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $78M |
| Short-Term Investments | $18M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | -$4M |
| TOTAL CURRENT ASSETS | $96M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $845M |
| Long-Term Investments | $1.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.7B |
| TOTAL NON-CURRENT ASSETS | $5.5B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $72M |
| Short-Term Debt | $190M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$289M |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4.1B |
| Deferred Tax Liabilities | -$4.1B |
| Other Non-Current Liabilities | $4.0B |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $613.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$47M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $3.9B |
| Net Debt | $3.9B |
