| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $120M | $123M | $97M | -1.8% | 23.9% |
| Op. Income | $36M | $33M | $34M | 8.6% | 4.5% |
| Gross Margin | 84.0% | 82.4% | 85.4% | 1.7pp | -1.3pp |
| Net Margin | 23.7% | 20.2% | 26.0% | 3.5pp | -2.3pp |
| EPS (Diluted) | $0.52 | $0.45 | $0.51 | 15.6% | 2.0% |
| Free Cash Flow | $26M | $10M | $54M | 156.6% | -52.1% |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $35M |
| SG&A Expenses | $35M |
| Other Expenses | $30M |
| Operating Expenses | $65M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $36M |
| Interest Income | $89M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $7M |
| EBIT | $36M |
| EBITDA | $42M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $35M |
| SG&A Expenses | $35M |
| Other Expenses | $30M |
| Operating Expenses | $65M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $36M |
| Interest Income | $89M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $7M |
| EBIT | $36M |
| EBITDA | $42M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $761.0K |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$113M |
| Sales/Maturities of Investments | $176M |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | $45M |
| Net Debt Issuance | -$23M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$25M |
| NET CASH FROM FINANCING | -$70M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $529M |
| Short-Term Investments | $1.6B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $161M |
| Goodwill | $312M |
| Intangible Assets | $62M |
| Long-Term Investments | $6.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $276M |
| TOTAL NON-CURRENT ASSETS | $7.5B |
| TOTAL ASSETS | $9.7B |
| Account Payables | $0 |
| Short-Term Debt | $214M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.9B |
| TOTAL CURRENT LIABILITIES | $8.1B |
| Long-Term Debt | $254M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $95M |
| TOTAL NON-CURRENT LIABILITIES | $359M |
| TOTAL LIABILITIES | $8.5B |
| Common Stock | $56.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$15M |
| Treasury Stock | -$28M |
| Accum. Other Comp. Income | $15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $9.7B |
| Total Debt | $477M |
| Net Debt | -$52M |
