| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $6M | $6M | 0.4% | 5.0% |
| Op. Income | $944.2K | $806.0K | $1M | 17.2% | -28.1% |
| Gross Margin | 48.6% | 49.4% | 60.1% | -0.8pp | -11.5pp |
| Net Margin | 11.3% | 10.3% | 16.6% | 1.0pp | -5.3pp |
| EPS (Diluted) | $0.12 | $0.11 | $0.17 | 9.1% | -29.4% |
| Free Cash Flow | $617.5K | $728.5K | $1M | -15.2% | -47.2% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $65.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $469.1K |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $944.2K |
| Interest Income | $6M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $944.2K |
| Income Tax Expense | $273.2K |
| Net Income from Continuing Ops | $671.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $671.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $671.0K |
| D&A | $67.7K |
| EBIT | $944.2K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $65.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $469.1K |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $944.2K |
| Interest Income | $6M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $944.2K |
| Income Tax Expense | $273.2K |
| Net Income from Continuing Ops | $671.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $671.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $671.0K |
| D&A | $67.7K |
| EBIT | $944.2K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $671.0K |
| Depreciation & Amortization | $67.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4.3K |
| Other Non-Cash Items | $71.1K |
| Change in Working Capital | -$186.0K |
| OPERATING CASH FLOW | $628.0K |
| Capital Expenditure | -$10.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $19.9K |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$3.8K |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $31M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | $847.1K |
| FREE CASH FLOW | $617.5K |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $12M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $47M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $589M |
| Tax Assets | $0 |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $619M |
| TOTAL ASSETS | $666M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $474M |
| TOTAL CURRENT LIABILITIES | $474M |
| Long-Term Debt | $109M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $117M |
| TOTAL LIABILITIES | $591M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $75M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$371.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $74M |
| Minority Interest | $0 |
| TOTAL EQUITY | $74M |
| TOTAL LIABILITIES & EQUITY | $666M |
| Total Debt | $109M |
| Net Debt | $76M |
