| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $129M | $119M | $113M | 7.8% | 13.9% |
| Op. Income | $42M | $44M | $45M | -3.0% | -5.5% |
| Gross Margin | 91.9% | 91.6% | 93.9% | 0.3pp | -2.1pp |
| Net Margin | -9.3% | 23.4% | 24.1% | -32.7pp | -33.3pp |
| EPS (Diluted) | $-0.16 | $0.38 | $0.38 | -142.1% | -142.1% |
| Free Cash Flow | $54M | $46M | $50M | 17.3% | 7.4% |
| Item | Amount |
|---|---|
| REVENUE | $129M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $118M |
| R&D Expenses | $0 |
| Selling & Marketing | $895.0K |
| General & Administrative | $43M |
| SG&A Expenses | $44M |
| Other Expenses | $32M |
| Operating Expenses | $76M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $42M |
| Interest Income | $107M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $7M |
| EBIT | $42M |
| EBITDA | $50M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $48M |
| Other Non-Cash Items | $353.0K |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $36M |
| Purchases of Investments | -$242M |
| Sales/Maturities of Investments | $217M |
| Other Investing Activities | -$49M |
| NET CASH FROM INVESTING | -$45M |
| Net Debt Issuance | -$56M |
| Common Stock Repurchased | -$301.0K |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $116M |
| NET CASH FROM FINANCING | $52M |
| FREE CASH FLOW | $54M |
| Net Change in Cash | $67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $314M |
| Short-Term Investments | $2.6B |
| Net Receivables | $32M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $209M |
| Goodwill | $221M |
| Intangible Assets | $24M |
| Long-Term Investments | $8.1B |
| Tax Assets | $88M |
| Other Non-Current Assets | $358M |
| TOTAL NON-CURRENT ASSETS | $9.0B |
| TOTAL ASSETS | $11.9B |
| Account Payables | $0 |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.8B |
| TOTAL CURRENT LIABILITIES | $10.0B |
| Long-Term Debt | $625M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $651M |
| TOTAL LIABILITIES | $10.6B |
| Common Stock | $78M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$210M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $9M |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $11.9B |
| Total Debt | $675M |
| Net Debt | $361M |
