| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $87M | $82M | $85M | 6.7% | 3.0% |
| Op. Income | $31M | $29M | $33M | 6.2% | -5.4% |
| Gross Margin | 65.4% | 66.7% | 63.0% | -1.2pp | 2.4pp |
| Net Margin | 28.0% | 26.2% | 37.6% | 1.8pp | -9.6pp |
| EPS (Diluted) | $0.18 | $0.16 | $0.24 | 12.5% | -25.0% |
| Free Cash Flow | $12M | $29M | $41M | -58.8% | -70.6% |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $57M |
| R&D Expenses | $0 |
| Selling & Marketing | $760.0K |
| General & Administrative | $18M |
| SG&A Expenses | $19M |
| Other Expenses | $7M |
| Operating Expenses | $26M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $31M |
| Interest Income | $82M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $3M |
| EBIT | $31M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $57M |
| R&D Expenses | $0 |
| Selling & Marketing | $760.0K |
| General & Administrative | $18M |
| SG&A Expenses | $19M |
| Other Expenses | $7M |
| Operating Expenses | $26M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $31M |
| Interest Income | $82M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $3M |
| EBIT | $31M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $626.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $94M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | $82M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$65M |
| Other Financing Activities | -$82M |
| NET CASH FROM FINANCING | -$151M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $82M |
| Short-Term Investments | $668M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $750M |
| PP&E (Net) | $96M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8.1B |
| Tax Assets | $19M |
| Other Non-Current Assets | $363M |
| TOTAL NON-CURRENT ASSETS | $8.6B |
| TOTAL ASSETS | $9.3B |
| Account Payables | $69M |
| Short-Term Debt | $106M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.6B |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $8.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $174M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | -$36M |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $9.3B |
| Total Debt | $2.3B |
| Net Debt | $2.2B |
