| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $30M | $21M | -6.2% | 35.3% |
| Op. Income | $7M | $9M | $5M | -20.0% | 41.9% |
| Gross Margin | 76.8% | 76.7% | 79.9% | 0.1pp | -3.1pp |
| Net Margin | 19.5% | 22.7% | 18.7% | -3.2pp | 0.8pp |
| EPS (Diluted) | $0.40 | $0.50 | $0.33 | -20.0% | 21.2% |
| Free Cash Flow | $5M | $6M | $7M | -24.1% | -30.9% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $6M |
| Operating Expenses | $15M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $7M |
| Interest Income | $26M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $422.0K |
| EBIT | $7M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $6M |
| Operating Expenses | $15M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $7M |
| Interest Income | $26M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $422.0K |
| EBIT | $7M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $422.0K |
| Stock-Based Compensation | $384.0K |
| Deferred Income Tax | -$31.0K |
| Other Non-Cash Items | $90.0K |
| Change in Working Capital | -$533.0K |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$12.0K |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | -$74M |
| NET CASH FROM INVESTING | -$68M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $45M |
| NET CASH FROM FINANCING | $62M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$687.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $288M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $359M |
| PP&E (Net) | $27M |
| Goodwill | $48M |
| Intangible Assets | $7M |
| Long-Term Investments | $1.7B |
| Tax Assets | $3M |
| Other Non-Current Assets | $81M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $2M |
| Short-Term Debt | $31M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $153M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $174M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $13M |
| Additional Paid-In Capital | $212M |
| Retained Earnings | $52M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $280M |
| Minority Interest | $0 |
| TOTAL EQUITY | $280M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $184M |
| Net Debt | $121M |
