| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $28M | $15M | 87.0% | 241.8% |
| Op. Income | $36M | $19M | $10M | 87.4% | 249.9% |
| Gross Margin | 97.4% | 92.6% | 91.2% | 4.8pp | 6.2pp |
| Net Margin | 57.5% | 61.7% | 58.9% | -4.3pp | -1.4pp |
| EPS (Diluted) | $5.04 | $2.88 | $1.86 | 75.0% | 171.0% |
| Free Cash Flow | $0 | $0 | $12M | — | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $50M |
| R&D Expenses | $1M |
| Selling & Marketing | $12M |
| General & Administrative | $3M |
| SG&A Expenses | $14M |
| Other Expenses | -$1M |
| Operating Expenses | $14M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $36M |
| Interest Income | $749.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $465.1K |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $0 |
| EBIT | $37M |
| EBITDA | $37M |
| EPS | $6 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $50M |
| R&D Expenses | $1M |
| Selling & Marketing | $12M |
| General & Administrative | $3M |
| SG&A Expenses | $14M |
| Other Expenses | -$1M |
| Operating Expenses | $14M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $36M |
| Interest Income | $749.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $465.1K |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $0 |
| EBIT | $37M |
| EBITDA | $37M |
| EPS | $6 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $214.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$30M |
| 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 | $148M |
| Short-Term Investments | $0 |
| Net Receivables | $41M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $189M |
| PP&E (Net) | $813.6K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $813.6K |
| TOTAL ASSETS | $190M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $25M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $25M |
| Common Stock | $4.8K |
| Additional Paid-In Capital | $59M |
| Retained Earnings | $107M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $165M |
| Minority Interest | $0 |
| TOTAL EQUITY | $165M |
| TOTAL LIABILITIES & EQUITY | $190M |
| Total Debt | $0 |
| Net Debt | -$148M |
