| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $82M | $80M | $71M | 2.3% | 15.2% |
| Op. Income | $24M | $27M | $23M | -11.9% | 1.4% |
| Gross Margin | 86.6% | 89.0% | 91.4% | -2.4pp | -4.9pp |
| Net Margin | 22.0% | 21.5% | 21.4% | 0.5pp | 0.6pp |
| EPS (Diluted) | $0.69 | $0.66 | $0.58 | 4.5% | 19.0% |
| Free Cash Flow | $16M | $31M | $19M | -49.7% | -19.4% |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | $19M |
| Operating Expenses | $47M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $24M |
| Interest Income | $56M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $520.0K |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $8M |
| EBIT | $24M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | $19M |
| Operating Expenses | $47M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $24M |
| Interest Income | $56M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $520.0K |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $8M |
| EBIT | $24M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $805.0K |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$288M |
| Sales/Maturities of Investments | $270M |
| Other Investing Activities | -$90M |
| NET CASH FROM INVESTING | -$111M |
| Net Debt Issuance | -$103M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $179M |
| NET CASH FROM FINANCING | $71M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $74M |
| Short-Term Investments | $904M |
| Net Receivables | $155M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $194M |
| Goodwill | $84M |
| Intangible Assets | $62.0K |
| Long-Term Investments | $4.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $0 |
| Short-Term Debt | $215M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.8B |
| TOTAL CURRENT LIABILITIES | $5.0B |
| Long-Term Debt | $110M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $129M |
| TOTAL LIABILITIES | $5.2B |
| Common Stock | $437M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $340M |
| Treasury Stock | -$55M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $719M |
| Minority Interest | $0 |
| TOTAL EQUITY | $719M |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $324M |
| Net Debt | $251M |
