| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | $63M | $53M | 3.1% | 22.1% |
| Op. Income | $8M | $10M | $8M | -13.6% | 9.8% |
| Gross Margin | 75.5% | 77.1% | 76.9% | -1.6pp | -1.4pp |
| Net Margin | 14.1% | 4.5% | 41.3% | 9.6pp | -27.2pp |
| EPS (Diluted) | $0.22 | $0.07 | $0.56 | 214.3% | -60.7% |
| Free Cash Flow | $37M | $15M | $28M | 152.4% | 32.7% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $49M |
| R&D Expenses | $13M |
| Selling & Marketing | $16M |
| General & Administrative | $12M |
| SG&A Expenses | $28M |
| Other Expenses | $193.0K |
| Operating Expenses | $41M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $8M |
| Interest Income | $1M |
| Interest Expense | $38.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $509.0K |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $7M |
| EBIT | $8M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $49M |
| R&D Expenses | $13M |
| Selling & Marketing | $16M |
| General & Administrative | $12M |
| SG&A Expenses | $28M |
| Other Expenses | $193.0K |
| Operating Expenses | $41M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $8M |
| Interest Income | $1M |
| Interest Expense | $38.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $509.0K |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $7M |
| EBIT | $8M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $140.0K |
| Other Non-Cash Items | $43.0K |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$72M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | -$32M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | -$747.0K |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $93M |
| Short-Term Investments | $235M |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $394M |
| PP&E (Net) | $61M |
| Goodwill | $2M |
| Intangible Assets | $12M |
| Long-Term Investments | $65M |
| Tax Assets | $24M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $172M |
| TOTAL ASSETS | $566M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $148M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $171M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $28M |
| TOTAL LIABILITIES | $199M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $317M |
| Retained Earnings | $51M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$965.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $366M |
| Minority Interest | $0 |
| TOTAL EQUITY | $366M |
| TOTAL LIABILITIES & EQUITY | $566M |
| Total Debt | $0 |
| Net Debt | -$93M |
