| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $39M | $38M | 4.0% | 6.7% |
| Op. Income | $10M | $16M | $15M | -33.6% | -28.3% |
| Gross Margin | 92.7% | 94.6% | 95.3% | -1.9pp | -2.6pp |
| Net Margin | 12.2% | 30.0% | 27.9% | -17.8pp | -15.7pp |
| EPS (Diluted) | $0.22 | $0.51 | $0.46 | -56.9% | -52.2% |
| Free Cash Flow | $3M | $19M | $13M | -84.2% | -77.4% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $8M |
| SG&A Expenses | $10M |
| Other Expenses | $17M |
| Operating Expenses | $27M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $10M |
| Interest Income | $29M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $7M |
| EBIT | $10M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $8M |
| SG&A Expenses | $10M |
| Other Expenses | $17M |
| Operating Expenses | $27M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $10M |
| Interest Income | $29M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $7M |
| EBIT | $10M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $880.0K |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$239M |
| Sales/Maturities of Investments | $233M |
| Other Investing Activities | -$75M |
| NET CASH FROM INVESTING | -$83M |
| Net Debt Issuance | -$652.0K |
| Common Stock Repurchased | -$276.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $94M |
| NET CASH FROM FINANCING | $89M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $575M |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $630M |
| PP&E (Net) | $42M |
| Goodwill | $682.0K |
| Intangible Assets | $2M |
| Long-Term Investments | $2.4B |
| Tax Assets | $9M |
| Other Non-Current Assets | $162M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $232.0K |
| Short-Term Debt | $232M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.6B |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $49M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $46M |
| TOTAL NON-CURRENT LIABILITIES | $96M |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $36M |
| Additional Paid-In Capital | $32M |
| Retained Earnings | $267M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $334M |
| Minority Interest | $0 |
| TOTAL EQUITY | $334M |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $281M |
| Net Debt | $239M |
