| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $26M | $23M | 7.5% | 25.6% |
| Op. Income | $13M | $12M | $7M | 10.0% | 99.0% |
| Gross Margin | 93.9% | 97.5% | 95.5% | -3.6pp | -1.7pp |
| Net Margin | 34.0% | 32.8% | 4.9% | 1.1pp | 29.1pp |
| EPS (Diluted) | $0.69 | $0.62 | $0.09 | 11.3% | 711.8% |
| Free Cash Flow | $11M | $12M | $6M | -14.7% | 69.5% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $240.0K |
| General & Administrative | $8M |
| SG&A Expenses | $9M |
| Other Expenses | $5M |
| Operating Expenses | $14M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $13M |
| Interest Income | $25M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $749.0K |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $240.0K |
| General & Administrative | $8M |
| SG&A Expenses | $9M |
| Other Expenses | $5M |
| Operating Expenses | $14M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $13M |
| Interest Income | $25M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $749.0K |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $749.0K |
| Stock-Based Compensation | $533.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $66.0K |
| Change in Working Capital | -$187.0K |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$292.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$61M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | -$34M |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$35M |
| NET CASH FROM FINANCING | -$43M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$108M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $469M |
| Net Receivables | $76M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $579M |
| PP&E (Net) | $7M |
| Goodwill | $30M |
| Intangible Assets | $6M |
| Long-Term Investments | $1.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.2B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $141M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $180M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $316M |
| Minority Interest | $0 |
| TOTAL EQUITY | $316M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $10M |
| Net Debt | -$25M |
