| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $66M | $64M | $63M | 2.4% | 3.8% |
| Op. Income | $22M | $18M | $15M | 22.7% | 44.5% |
| Gross Margin | 84.8% | 81.9% | 87.8% | 2.9pp | -3.0pp |
| Net Margin | 28.0% | 23.3% | 16.2% | 4.6pp | 11.8pp |
| EPS (Diluted) | $0.63 | $0.51 | $0.37 | 23.5% | 70.3% |
| Free Cash Flow | $24M | $24M | $25M | 2.5% | -3.2% |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $56M |
| R&D Expenses | $0 |
| Selling & Marketing | $432.0K |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $13M |
| Operating Expenses | $33M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $22M |
| Interest Income | $51M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $1M |
| EBIT | $22M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $56M |
| R&D Expenses | $0 |
| Selling & Marketing | $432.0K |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $13M |
| Operating Expenses | $33M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $22M |
| Interest Income | $51M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $1M |
| EBIT | $22M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $178.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$523.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$38M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | -$131M |
| NET CASH FROM INVESTING | -$156M |
| Net Debt Issuance | $103M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $66M |
| NET CASH FROM FINANCING | $160M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $109M |
| Short-Term Investments | $329M |
| Net Receivables | $160M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $613M |
| PP&E (Net) | $60M |
| Goodwill | $173M |
| Intangible Assets | $12M |
| Long-Term Investments | $4.0B |
| Tax Assets | $4M |
| Other Non-Current Assets | $141M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $45M |
| Short-Term Debt | $210M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $220M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $220M |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $158M |
| Additional Paid-In Capital | $292M |
| Retained Earnings | $248M |
| Treasury Stock | -$46M |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $624M |
| Minority Interest | $0 |
| TOTAL EQUITY | $624M |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $430M |
| Net Debt | $320M |
