| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $53M | $48M | -0.5% | 9.2% |
| Op. Income | $9M | $11M | $9M | -15.9% | 1.2% |
| Gross Margin | 87.7% | 86.7% | 90.0% | 1.0pp | -2.3pp |
| Net Margin | 13.5% | 15.8% | 15.3% | -2.3pp | -1.8pp |
| EPS (Diluted) | $0.48 | $0.59 | $0.52 | -18.6% | -7.7% |
| Free Cash Flow | $14M | -$12M | $24M | 219.4% | -41.6% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $890.0K |
| General & Administrative | $20M |
| SG&A Expenses | $21M |
| Other Expenses | $16M |
| Operating Expenses | $37M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $9M |
| Interest Income | $24M |
| Interest Expense | $5M |
| 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 | $2M |
| EBIT | $9M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $890.0K |
| General & Administrative | $20M |
| SG&A Expenses | $21M |
| Other Expenses | $16M |
| Operating Expenses | $37M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $9M |
| Interest Income | $24M |
| Interest Expense | $5M |
| 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 | $2M |
| EBIT | $9M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $335.0K |
| Deferred Income Tax | -$631.0K |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$516.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$43M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | $29M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | -$142M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $80M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $279M |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $347M |
| PP&E (Net) | $30M |
| Goodwill | $27M |
| Intangible Assets | $24M |
| Long-Term Investments | $1.7B |
| Tax Assets | $8M |
| Other Non-Current Assets | $61M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $58M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $68M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $17M |
| Additional Paid-In Capital | $88M |
| Retained Earnings | $173M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $281M |
| Minority Interest | $0 |
| TOTAL EQUITY | $281M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $68M |
| Net Debt | $7M |
