| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $38M | $35M | -2.1% | 7.2% |
| Op. Income | $14M | $15M | $14M | -4.7% | 3.1% |
| Gross Margin | 93.7% | 95.3% | 95.0% | -1.6pp | -1.3pp |
| Net Margin | 28.9% | 27.9% | 28.3% | 1.1pp | 0.7pp |
| EPS (Diluted) | $0.47 | $0.46 | $0.43 | 2.2% | 9.3% |
| Free Cash Flow | $15M | $13M | $16M | 13.4% | -7.2% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $445.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $7M |
| Operating Expenses | $21M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $14M |
| Interest Income | $27M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $2M |
| EBIT | $14M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $445.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $7M |
| Operating Expenses | $21M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $14M |
| Interest Income | $27M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $2M |
| EBIT | $14M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $660.0K |
| Deferred Income Tax | $25.0K |
| Other Non-Cash Items | -$988.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$308.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$100M |
| Sales/Maturities of Investments | $114M |
| Other Investing Activities | $33M |
| NET CASH FROM INVESTING | $47M |
| Net Debt Issuance | -$320.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $556M |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $607M |
| PP&E (Net) | $42M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $132M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $156.0K |
| Short-Term Debt | $77M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.5B |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $51M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $93M |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $36M |
| Additional Paid-In Capital | $29M |
| Retained Earnings | $255M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$725.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $320M |
| Minority Interest | $0 |
| TOTAL EQUITY | $320M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $127M |
| Net Debt | $84M |
