| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48M | $49M | $44M | -1.8% | 8.4% |
| Op. Income | $8M | $8M | $9M | 6.4% | -1.6% |
| Gross Margin | 86.6% | 88.7% | 91.3% | -2.1pp | -4.7pp |
| Net Margin | 13.4% | 12.4% | 15.5% | 1.1pp | -2.1pp |
| EPS (Diluted) | $0.46 | $0.43 | $0.49 | 7.0% | -6.1% |
| Free Cash Flow | -$3M | $25M | $0 | -111.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $426.0K |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $16M |
| Operating Expenses | $33M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $8M |
| Interest Income | $23M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $2M |
| EBIT | $8M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $426.0K |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $16M |
| Operating Expenses | $33M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $8M |
| Interest Income | $23M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $2M |
| EBIT | $8M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $346.0K |
| Deferred Income Tax | $480.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$81M |
| Common Stock Repurchased | -$89.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $103M |
| NET CASH FROM FINANCING | $20M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $259M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $304M |
| PP&E (Net) | $32M |
| Goodwill | $27M |
| Intangible Assets | $21M |
| Long-Term Investments | $1.7B |
| Tax Assets | $9M |
| Other Non-Current Assets | $73M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $0 |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $59M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $59M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $42M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $163M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $204M |
| Minority Interest | $0 |
| TOTAL EQUITY | $204M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $71M |
| Net Debt | $26M |
