| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $32M | $28M | -20.9% | -11.8% |
| Op. Income | $12M | $12M | $11M | 3.2% | 11.8% |
| Gross Margin | 86.2% | 84.6% | 84.5% | 1.6pp | 1.7pp |
| Net Margin | 37.2% | 28.4% | 27.9% | 8.8pp | 9.3pp |
| EPS (Diluted) | $0.60 | $0.58 | $0.51 | 3.4% | 17.6% |
| Free Cash Flow | $21M | $7M | $5M | 223.0% | 311.8% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $12M |
| Other Expenses | -$840.0K |
| Operating Expenses | $9M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $12M |
| Interest Income | $28M |
| Interest Expense | $3M |
| 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 | $25M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $12M |
| Other Expenses | -$840.0K |
| Operating Expenses | $9M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $12M |
| Interest Income | $28M |
| Interest Expense | $3M |
| 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 | $111.0K |
| Deferred Income Tax | $66.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$151.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$68M |
| Sales/Maturities of Investments | $65M |
| Other Investing Activities | $34M |
| NET CASH FROM INVESTING | $31M |
| Net Debt Issuance | -$22M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$27M |
| NET CASH FROM FINANCING | -$53M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | -$612.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $601M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $689M |
| PP&E (Net) | $27M |
| Goodwill | $27M |
| Intangible Assets | $5M |
| Long-Term Investments | $1.8B |
| Tax Assets | $3M |
| Other Non-Current Assets | $79M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $0 |
| Short-Term Debt | $46M |
| 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 | $36M |
| TOTAL NON-CURRENT LIABILITIES | $70M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $113M |
| Additional Paid-In Capital | $3M |
| Retained Earnings | $187M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | -$113M |
| TOTAL STOCKHOLDERS' EQUITY | $309M |
| Minority Interest | $0 |
| TOTAL EQUITY | $309M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $81M |
| Net Debt | $579.0K |
