| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $31M | $32M | 0.8% | -1.2% |
| Op. Income | $12M | $12M | $9M | -1.6% | 27.7% |
| Gross Margin | 84.6% | 87.3% | 84.6% | -2.7pp | -0.1pp |
| Net Margin | 28.4% | 28.2% | 22.1% | 0.2pp | 6.2pp |
| EPS (Diluted) | $0.58 | $0.57 | $0.46 | 1.8% | 26.1% |
| Free Cash Flow | $7M | $3M | $13M | 87.3% | -51.2% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $614.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $5M |
| Operating Expenses | $15M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $12M |
| Interest Income | $28M |
| 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 | $32M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $614.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $5M |
| Operating Expenses | $15M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $12M |
| Interest Income | $28M |
| 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 | $112.0K |
| Deferred Income Tax | -$136.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$302.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | $34M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $18M |
| NET CASH FROM FINANCING | $48M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $81M |
| Short-Term Investments | $600M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $681M |
| PP&E (Net) | $28M |
| Goodwill | $27M |
| Intangible Assets | $6M |
| Long-Term Investments | $1.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $105M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $0 |
| Short-Term Debt | $67M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.2B |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $35M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $69M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $113M |
| Additional Paid-In Capital | $3M |
| Retained Earnings | $181M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $303M |
| Minority Interest | $0 |
| TOTAL EQUITY | $303M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $102M |
| Net Debt | $22M |
