| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $68M | $67M | $58M | 1.5% | 16.8% |
| Op. Income | $20M | $22M | $16M | -11.5% | 22.8% |
| Gross Margin | 73.4% | 76.5% | 77.5% | -3.1pp | -4.1pp |
| Net Margin | 25.6% | 30.3% | 17.8% | -4.7pp | 7.8pp |
| EPS (Diluted) | $0.52 | $0.58 | $0.29 | -10.3% | 79.3% |
| Free Cash Flow | $15M | $29M | $12M | -49.0% | 24.4% |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $786.0K |
| General & Administrative | $20M |
| SG&A Expenses | $21M |
| Other Expenses | $9M |
| Operating Expenses | $30M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $20M |
| Interest Income | $58M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $3M |
| 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 | $17M |
| D&A | $3M |
| EBIT | $20M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $786.0K |
| General & Administrative | $20M |
| SG&A Expenses | $21M |
| Other Expenses | $9M |
| Operating Expenses | $30M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $20M |
| Interest Income | $58M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $3M |
| 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 | $17M |
| D&A | $3M |
| EBIT | $20M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $691.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$79M |
| Sales/Maturities of Investments | $50M |
| Other Investing Activities | -$34M |
| NET CASH FROM INVESTING | -$66M |
| Net Debt Issuance | $158M |
| Common Stock Repurchased | -$47M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$106M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $126M |
| Short-Term Investments | $2.0B |
| Net Receivables | $27M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $136M |
| Goodwill | $201M |
| Intangible Assets | $18M |
| Long-Term Investments | $3.5B |
| Tax Assets | $10M |
| Other Non-Current Assets | $154M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $0 |
| Short-Term Debt | $37M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.4B |
| TOTAL CURRENT LIABILITIES | $4.5B |
| Long-Term Debt | $878M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $53M |
| TOTAL NON-CURRENT LIABILITIES | $930M |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $47M |
| Additional Paid-In Capital | $762M |
| Retained Earnings | $65M |
| Treasury Stock | -$93M |
| Accum. Other Comp. Income | -$50M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $731M |
| Minority Interest | $0 |
| TOTAL EQUITY | $731M |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $915M |
| Net Debt | $788M |
