| Metric | Q4 2016 | Q3 2016 | Q4 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $213M | $177M | $149M | 20.3% | 42.8% |
| Op. Income | $64M | $43M | $26M | 48.3% | 146.8% |
| Gross Margin | 76.8% | 74.8% | 71.7% | 1.9pp | 5.0pp |
| Net Margin | 20.2% | 18.1% | 12.8% | 2.0pp | 7.4pp |
| EPS (Diluted) | $0.19 | $0.14 | $0.09 | 35.7% | 111.1% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $213M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $163M |
| R&D Expenses | $40M |
| Selling & Marketing | $48M |
| General & Administrative | $12M |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $100M |
| Cost & Expenses | $149M |
| OPERATING INCOME | $64M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $55.0K |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $0 |
| EBIT | $64M |
| EBITDA | $64M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $213M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $163M |
| R&D Expenses | $40M |
| Selling & Marketing | $48M |
| General & Administrative | $12M |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $100M |
| Cost & Expenses | $149M |
| OPERATING INCOME | $64M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $55.0K |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $0 |
| EBIT | $64M |
| EBITDA | $64M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$53M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $365M |
| Short-Term Investments | $31M |
| Net Receivables | $135M |
| Inventory | $0 |
| Other Current Assets | $57M |
| TOTAL CURRENT ASSETS | $597M |
| PP&E (Net) | $23M |
| Goodwill | $10M |
| Intangible Assets | $1M |
| Long-Term Investments | $400M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $440M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $49M |
| Short-Term Debt | $0 |
| Deferred Revenue | $49M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $278M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $666.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $817.0K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $280M |
| Common Stock | $55.0K |
| Additional Paid-In Capital | $980M |
| Retained Earnings | -$200M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $753M |
| Minority Interest | $4M |
| TOTAL EQUITY | $757M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $0 |
| Net Debt | -$365M |
