| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $28M | $28M | -1.8% | -3.1% |
| Op. Income | $12M | $12M | $13M | 0.9% | -4.6% |
| Gross Margin | 93.3% | 94.4% | 93.9% | -1.0pp | -0.5pp |
| Net Margin | 33.0% | 33.7% | 34.0% | -0.7pp | -1.0pp |
| EPS (Diluted) | $0.66 | $0.69 | $0.69 | -4.3% | -4.3% |
| Free Cash Flow | $10M | $14M | $11M | -31.9% | -8.8% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $187.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $5M |
| Operating Expenses | $13M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $12M |
| Interest Income | $25M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $749.0K |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $187.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $5M |
| Operating Expenses | $13M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $12M |
| Interest Income | $25M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $749.0K |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $749.0K |
| Stock-Based Compensation | $579.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $569.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$123.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$96M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | -$45M |
| NET CASH FROM INVESTING | -$116M |
| Net Debt Issuance | -$43.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $112M |
| NET CASH FROM FINANCING | $107M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $902.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $183M |
| Short-Term Investments | $432M |
| Net Receivables | $76M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $693M |
| PP&E (Net) | $17M |
| Goodwill | $30M |
| Intangible Assets | $5M |
| Long-Term Investments | $2.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $129M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $203M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $337M |
| Minority Interest | $0 |
| TOTAL EQUITY | $337M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $16M |
| Net Debt | -$168M |
