| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $17M | $15M | 8.5% | 20.5% |
| Op. Income | $7M | $4M | $6M | 83.8% | 20.8% |
| Gross Margin | 90.4% | 90.3% | 90.9% | 0.1pp | -0.5pp |
| Net Margin | 26.8% | 15.4% | 26.6% | 11.4pp | 0.2pp |
| EPS (Diluted) | $0.45 | $0.24 | $0.54 | 87.5% | -16.7% |
| Free Cash Flow | -$621.0K | $3M | $5M | -117.7% | -112.6% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $209.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $3M |
| Operating Expenses | $10M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $7M |
| Interest Income | $16M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $690.0K |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $209.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $3M |
| Operating Expenses | $10M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $7M |
| Interest Income | $16M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $690.0K |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $690.0K |
| Stock-Based Compensation | $120.0K |
| Deferred Income Tax | -$236.0K |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$293.0K |
| OPERATING CASH FLOW | -$458.0K |
| Capital Expenditure | -$163.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $14M |
| NET CASH FROM INVESTING | $17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$621.0K |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $97M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $132M |
| PP&E (Net) | $14M |
| Goodwill | $15M |
| Intangible Assets | $7M |
| Long-Term Investments | $966M |
| Tax Assets | $6M |
| Other Non-Current Assets | $344M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $456.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $150M |
| Additional Paid-In Capital | $287.0K |
| Retained Earnings | $56M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $494.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $206M |
| Minority Interest | $0 |
| TOTAL EQUITY | $206M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $16M |
| Net Debt | -$8M |
