| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $28M | $27M | 17.3% | 22.8% |
| Op. Income | $12M | $11M | $9M | 7.6% | 33.2% |
| Gross Margin | 88.5% | 84.5% | 92.9% | 4.0pp | -4.4pp |
| Net Margin | 26.8% | 27.9% | 24.8% | -1.1pp | 2.0pp |
| EPS (Diluted) | $0.58 | $0.51 | $0.44 | 13.7% | 31.8% |
| Free Cash Flow | $15M | $5M | $8M | 190.9% | 95.1% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $692.0K |
| General & Administrative | $9M |
| SG&A Expenses | $10M |
| Other Expenses | $8M |
| Operating Expenses | $18M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $12M |
| Interest Income | $27M |
| Interest Expense | $4M |
| 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 | $1M |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $692.0K |
| General & Administrative | $9M |
| SG&A Expenses | $10M |
| Other Expenses | $8M |
| Operating Expenses | $18M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $12M |
| Interest Income | $27M |
| Interest Expense | $4M |
| 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 | $1M |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $151.0K |
| Deferred Income Tax | $2.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$87.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$34M |
| Sales/Maturities of Investments | $36M |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$56M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $48M |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $564M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $632M |
| PP&E (Net) | $29M |
| Goodwill | $27M |
| Intangible Assets | $6M |
| Long-Term Investments | $1.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $101M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $0 |
| Short-Term Debt | $19M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.2B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $35M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $75M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $113M |
| Additional Paid-In Capital | $3M |
| Retained Earnings | $170M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $284M |
| Minority Interest | $0 |
| TOTAL EQUITY | $284M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $54M |
| Net Debt | -$14M |
