| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $16M | $15M | -1.8% | 7.0% |
| Op. Income | $5M | $6M | $6M | -13.3% | -10.3% |
| Gross Margin | 80.2% | 82.1% | 86.5% | -1.8pp | -6.3pp |
| Net Margin | 25.8% | 29.0% | 30.5% | -3.2pp | -4.7pp |
| EPS (Diluted) | $0.44 | $0.50 | $0.48 | -12.0% | -8.3% |
| Free Cash Flow | $3M | $4M | $6M | -23.5% | -45.9% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $3M |
| Operating Expenses | $7M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $5M |
| Interest Income | $14M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $450.6K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $3M |
| Operating Expenses | $7M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $5M |
| Interest Income | $14M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $450.6K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $450.6K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$49.5K |
| Other Non-Cash Items | -$188.6K |
| Change in Working Capital | -$815.5K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$155.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | -$244.4K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $25M |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $112M |
| Short-Term Investments | $458M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $580M |
| PP&E (Net) | $16M |
| Goodwill | $10M |
| Intangible Assets | $2M |
| Long-Term Investments | $884M |
| Tax Assets | $820.4K |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $920M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $0 |
| Short-Term Debt | $52M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $18M |
| Additional Paid-In Capital | $19M |
| Retained Earnings | $144M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $186M |
| Minority Interest | $0 |
| TOTAL EQUITY | $186M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $57M |
| Net Debt | -$55M |
