| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47M | $46M | $40M | 2.3% | 16.4% |
| Op. Income | $13M | $13M | $11M | 1.3% | 15.1% |
| Gross Margin | 75.0% | 73.0% | 75.9% | 1.9pp | -0.9pp |
| Net Margin | 22.4% | 22.6% | 22.2% | -0.2pp | 0.2pp |
| EPS (Diluted) | $0.69 | $0.68 | $0.59 | 1.5% | 16.9% |
| Free Cash Flow | $18M | $10M | $15M | 86.6% | 24.1% |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $603.0K |
| General & Administrative | $15M |
| SG&A Expenses | $16M |
| Other Expenses | $6M |
| Operating Expenses | $22M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $13M |
| Interest Income | $41M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $2M |
| EBIT | $13M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $603.0K |
| General & Administrative | $15M |
| SG&A Expenses | $16M |
| Other Expenses | $6M |
| Operating Expenses | $22M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $13M |
| Interest Income | $41M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $2M |
| EBIT | $13M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $237.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$958.0K |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $34M |
| Other Investing Activities | -$67M |
| NET CASH FROM INVESTING | -$85M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | $28.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $227M |
| NET CASH FROM FINANCING | $205M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $141M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $193M |
| Short-Term Investments | $542M |
| Net Receivables | $25M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $760M |
| PP&E (Net) | $73M |
| Goodwill | $39M |
| Intangible Assets | $2M |
| Long-Term Investments | $2.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $104M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $38M |
| Short-Term Debt | $228M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.1B |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $71M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $90M |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $99M |
| Retained Earnings | $202M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $305M |
| Minority Interest | $0 |
| TOTAL EQUITY | $305M |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $318M |
| Net Debt | $125M |
