| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47M | $48M | $45M | -0.7% | 4.8% |
| Op. Income | $20M | $20M | $17M | -1.3% | 12.9% |
| Gross Margin | 91.4% | 91.3% | 90.4% | 0.1pp | 1.0pp |
| Net Margin | 15.6% | 26.4% | 23.9% | -10.9pp | -8.4pp |
| EPS (Diluted) | $0.38 | $0.66 | $0.56 | -42.4% | -32.1% |
| Free Cash Flow | $13M | $14M | $14M | -9.6% | -3.5% |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $559.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $11M |
| Operating Expenses | $24M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $20M |
| Interest Income | $43M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $959.0K |
| EBIT | $20M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $559.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $11M |
| Operating Expenses | $24M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $20M |
| Interest Income | $43M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $959.0K |
| EBIT | $20M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $959.0K |
| Stock-Based Compensation | $36.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | -$59M |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | $26M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | $29M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $572M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $616M |
| PP&E (Net) | $35M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $637M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $0 |
| Short-Term Debt | $243M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.2B |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $100M |
| Additional Paid-In Capital | $176M |
| Retained Earnings | $219M |
| Treasury Stock | -$35M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $458M |
| Minority Interest | $0 |
| TOTAL EQUITY | $458M |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $243M |
| Net Debt | $199M |
