| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $8M | $8M | 5.2% | 9.4% |
| Op. Income | $3M | $3M | $3M | 5.9% | 15.9% |
| Gross Margin | 88.4% | 88.3% | 88.7% | 0.1pp | -0.3pp |
| Net Margin | 28.9% | 28.7% | 27.3% | 0.2pp | 1.6pp |
| EPS (Diluted) | $0.70 | $0.66 | $0.60 | 6.1% | 16.7% |
| Free Cash Flow | $1M | $4M | $3M | -74.1% | -64.2% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $2M |
| Operating Expenses | $5M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $3M |
| Interest Income | $8M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $626.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $212.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $2M |
| Operating Expenses | $5M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $3M |
| Interest Income | $8M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $626.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $212.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $212.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$554.0K |
| Change in Working Capital | $347.0K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$898.0K |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $241M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $307M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $469M |
| Tax Assets | $0 |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $528M |
| TOTAL ASSETS | $835M |
| Account Payables | $0 |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $740M |
| TOTAL CURRENT LIABILITIES | $744M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $744M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $4M |
| Retained Earnings | $97M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $91M |
| Minority Interest | $0 |
| TOTAL EQUITY | $91M |
| TOTAL LIABILITIES & EQUITY | $835M |
| Total Debt | $2M |
| Net Debt | -$64M |
