| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $415M | — | $26M | — | 1509.8% |
| Op. Income | $308M | — | $1M | — | 28076.6% |
| Gross Margin | 94.9% | — | 94.7% | — | 0.1pp |
| Net Margin | 58.5% | — | 3.1% | — | 55.5pp |
| EPS (Diluted) | $0.75 | — | $0.15 | — | 391.4% |
| Free Cash Flow | -$19M | — | -$55M | — | 65.1% |
| Item | Amount |
|---|---|
| REVENUE | $415M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $394M |
| R&D Expenses | $0 |
| Selling & Marketing | $70M |
| General & Administrative | $16M |
| SG&A Expenses | $86M |
| Other Expenses | $0 |
| Operating Expenses | $86M |
| Cost & Expenses | $107M |
| OPERATING INCOME | $308M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $308M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $243M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $243M |
| Net Income Deductions | $453M |
| BOTTOM LINE NET INCOME | -$210M |
| D&A | $156.3K |
| EBIT | $308M |
| EBITDA | $308M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $415M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $394M |
| R&D Expenses | $0 |
| Selling & Marketing | $70M |
| General & Administrative | $16M |
| SG&A Expenses | $86M |
| Other Expenses | $0 |
| Operating Expenses | $86M |
| Cost & Expenses | $107M |
| OPERATING INCOME | $308M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $308M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $243M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $243M |
| Net Income Deductions | $453M |
| BOTTOM LINE NET INCOME | -$210M |
| D&A | $156.3K |
| EBIT | $308M |
| EBITDA | $308M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $243M |
| Depreciation & Amortization | $156.3K |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $21M |
| Change in Working Capital | -$295M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$249.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$86M |
| Sales/Maturities of Investments | $64M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$82M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $211M |
| Short-Term Investments | $0 |
| Net Receivables | $528M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $855M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $123.8K |
| Long-Term Investments | $119M |
| Tax Assets | $0 |
| Other Non-Current Assets | $99M |
| TOTAL NON-CURRENT ASSETS | $219M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $48M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $375M |
| TOTAL NON-CURRENT LIABILITIES | $377M |
| TOTAL LIABILITIES | $425M |
| Common Stock | $2.9K |
| Additional Paid-In Capital | $711M |
| Retained Earnings | -$63M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $538.1K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $649M |
| Minority Interest | $0 |
| TOTAL EQUITY | $649M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $0 |
| Net Debt | -$211M |
