| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $39M | $34M | 2.2% | 18.9% |
| Op. Income | $11M | $11M | $9M | 1.6% | 28.4% |
| Gross Margin | 75.9% | 78.9% | 76.3% | -3.1pp | -0.4pp |
| Net Margin | 22.2% | 23.5% | 10.2% | -1.2pp | 12.0pp |
| EPS (Diluted) | $0.59 | $0.60 | $0.23 | -1.7% | 156.5% |
| Free Cash Flow | $15M | $9M | $9M | 60.8% | 56.2% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $30M |
| R&D Expenses | $0 |
| Selling & Marketing | $613.0K |
| General & Administrative | $13M |
| SG&A Expenses | $14M |
| Other Expenses | $6M |
| Operating Expenses | $19M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $11M |
| Interest Income | $36M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| 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 | $11M |
| EBITDA | $12M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $30M |
| R&D Expenses | $0 |
| Selling & Marketing | $613.0K |
| General & Administrative | $13M |
| SG&A Expenses | $14M |
| Other Expenses | $6M |
| Operating Expenses | $19M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $11M |
| Interest Income | $36M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| 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 | $11M |
| EBITDA | $12M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $326.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$22M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | -$92M |
| NET CASH FROM INVESTING | -$84M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $88M |
| NET CASH FROM FINANCING | $77M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $517M |
| Net Receivables | $24M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $587M |
| PP&E (Net) | $50M |
| Goodwill | $39M |
| Intangible Assets | $2M |
| Long-Term Investments | $2.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $89M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $32M |
| Short-Term Debt | $245M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.6B |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $71M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $71M |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $98M |
| Retained Earnings | $172M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $263M |
| Minority Interest | $0 |
| TOTAL EQUITY | $263M |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $316M |
| Net Debt | $270M |
