| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $26M | $22M | 12.8% | 36.4% |
| Op. Income | $6M | $6M | $4M | 9.6% | 40.8% |
| Gross Margin | 82.3% | 83.1% | 84.1% | -0.8pp | -1.8pp |
| Net Margin | 15.2% | 15.3% | 14.5% | -0.2pp | 0.6pp |
| EPS (Diluted) | $0.32 | $0.29 | $0.26 | 10.3% | 23.1% |
| Free Cash Flow | -$15M | -$21M | $3M | 31.4% | -678.7% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $584.0K |
| General & Administrative | $13M |
| SG&A Expenses | $14M |
| Other Expenses | $4M |
| Operating Expenses | $18M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $6M |
| Interest Income | $22M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $275.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $584.0K |
| General & Administrative | $13M |
| SG&A Expenses | $14M |
| Other Expenses | $4M |
| Operating Expenses | $18M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $6M |
| Interest Income | $22M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $275.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $275.0K |
| Stock-Based Compensation | $199.0K |
| Deferred Income Tax | -$68.0K |
| Other Non-Cash Items | -$20M |
| Change in Working Capital | $285.0K |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | $260.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$84M |
| NET CASH FROM INVESTING | -$82M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$263.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $76M |
| NET CASH FROM FINANCING | $72M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $37M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $94M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.2B |
| Tax Assets | $4M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $51M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $69M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $138.0K |
| Additional Paid-In Capital | $51M |
| Retained Earnings | $77M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $128M |
| Minority Interest | $0 |
| TOTAL EQUITY | $128M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $51M |
| Net Debt | -$642.0K |
