| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $88M | $89M | $72M | -1.0% | 22.2% |
| Op. Income | $45M | $43M | $36M | 4.6% | 24.0% |
| Gross Margin | 68.5% | 73.3% | 72.7% | -4.8pp | -4.2pp |
| Net Margin | 41.0% | 38.8% | 29.3% | 2.3pp | 11.8pp |
| EPS (Diluted) | $0.67 | $0.64 | $0.39 | 4.7% | 71.8% |
| Free Cash Flow | $51M | $39M | $33M | 33.7% | 55.0% |
| Item | Amount |
|---|---|
| REVENUE | $88M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $557.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $1M |
| Operating Expenses | $16M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $45M |
| Interest Income | $90M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $898.0K |
| EBIT | $45M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $88M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $557.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $1M |
| Operating Expenses | $16M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $45M |
| Interest Income | $90M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $898.0K |
| EBIT | $45M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $898.0K |
| Stock-Based Compensation | $167.0K |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$770.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$34M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | -$174M |
| NET CASH FROM INVESTING | -$181M |
| Net Debt Issuance | $43M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $410M |
| NET CASH FROM FINANCING | $445M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | $316M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $458M |
| Short-Term Investments | $590M |
| Net Receivables | $24M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $58M |
| Goodwill | $0 |
| Intangible Assets | $14M |
| Long-Term Investments | $6.5B |
| Tax Assets | $27M |
| Other Non-Current Assets | $371M |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $8.0B |
| Account Payables | $10M |
| Short-Term Debt | $289M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.9B |
| TOTAL CURRENT LIABILITIES | $7.2B |
| Long-Term Debt | $65M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $77M |
| TOTAL LIABILITIES | $7.3B |
| Common Stock | $53.0K |
| Additional Paid-In Capital | $219M |
| Retained Earnings | $501M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $715M |
| Minority Interest | $502.0K |
| TOTAL EQUITY | $715M |
| TOTAL LIABILITIES & EQUITY | $8.0B |
| Total Debt | $353M |
| Net Debt | -$105M |
