| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $45M | $42M | -9.5% | -1.4% |
| Op. Income | $9M | $9M | $10M | -1.4% | -9.3% |
| Gross Margin | 92.9% | 91.2% | 93.6% | 1.6pp | -0.7pp |
| Net Margin | 16.9% | 6.8% | 15.8% | 10.0pp | 1.1pp |
| EPS (Diluted) | $0.25 | $0.11 | $0.24 | 127.3% | 4.2% |
| Free Cash Flow | $20M | $33M | $105M | -40.5% | -81.3% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $860.0K |
| General & Administrative | $21M |
| SG&A Expenses | $22M |
| Other Expenses | $7M |
| Operating Expenses | $29M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $9M |
| Interest Income | $17M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| 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 | $607.0K |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $860.0K |
| General & Administrative | $21M |
| SG&A Expenses | $22M |
| Other Expenses | $7M |
| Operating Expenses | $29M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $9M |
| Interest Income | $17M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| 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 | $607.0K |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $607.0K |
| Stock-Based Compensation | $896.0K |
| Deferred Income Tax | -$305.0K |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$221.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $48M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $29M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $187M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $272M |
| PP&E (Net) | $23M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $116M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $0 |
| Short-Term Debt | $29M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $974M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $405M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $438M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $293.0K |
| Additional Paid-In Capital | $328M |
| Retained Earnings | $173M |
| Treasury Stock | -$82M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | -$19M |
| TOTAL STOCKHOLDERS' EQUITY | $397M |
| Minority Interest | $0 |
| TOTAL EQUITY | $397M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $434M |
| Net Debt | $378M |
