| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $8M | $8M | 1.7% | 6.1% |
| Op. Income | $3M | $3M | $2M | -4.2% | 11.0% |
| Gross Margin | 87.5% | 88.1% | 88.7% | -0.6pp | -1.1pp |
| Net Margin | 25.6% | 27.2% | 24.3% | -1.6pp | 1.3pp |
| EPS (Diluted) | $0.62 | $0.64 | $0.54 | -3.1% | 14.8% |
| Free Cash Flow | $4M | $2M | $3M | 129.1% | 46.8% |
| 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 | $527.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $257.0K |
| 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 | $527.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $257.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $257.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $470.0K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$145.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$21M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$224.0K |
| Common Dividends Paid | -$892.0K |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $251M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $315M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $461M |
| Tax Assets | $0 |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $510M |
| TOTAL ASSETS | $825M |
| Account Payables | $0 |
| Short-Term Debt | $972.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $723M |
| TOTAL CURRENT LIABILITIES | $728M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $728M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $4M |
| Retained Earnings | $100M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $97M |
| Minority Interest | $0 |
| TOTAL EQUITY | $97M |
| TOTAL LIABILITIES & EQUITY | $825M |
| Total Debt | $972.0K |
| Net Debt | -$63M |
