| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $87M | $87M | $86M | 0.7% | 1.2% |
| Op. Income | $29M | $31M | $30M | -7.1% | -3.7% |
| Gross Margin | 64.5% | 66.0% | 62.0% | -1.5pp | 2.5pp |
| Net Margin | 26.3% | 28.4% | 26.0% | -2.1pp | 0.3pp |
| EPS (Diluted) | $0.17 | $0.18 | $0.17 | -5.6% | 0.0% |
| Free Cash Flow | $19M | $15M | $20M | 23.9% | -6.5% |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $56M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $19M |
| SG&A Expenses | $20M |
| Other Expenses | $7M |
| Operating Expenses | $27M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $29M |
| Interest Income | $82M |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $3M |
| EBIT | $29M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $56M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $19M |
| SG&A Expenses | $20M |
| Other Expenses | $7M |
| Operating Expenses | $27M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $29M |
| Interest Income | $82M |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $3M |
| EBIT | $29M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $727.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$114M |
| Sales/Maturities of Investments | $140M |
| Other Investing Activities | $68M |
| NET CASH FROM INVESTING | $89M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$46M |
| Other Financing Activities | -$128M |
| NET CASH FROM FINANCING | -$274M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | -$161M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $769M |
| Net Receivables | $495.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $813M |
| PP&E (Net) | $96M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $386M |
| TOTAL NON-CURRENT ASSETS | $8.5B |
| TOTAL ASSETS | $9.3B |
| Account Payables | $83M |
| Short-Term Debt | $0 |
| 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 | $15M |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $8.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $164M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | -$35M |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $9.3B |
| Total Debt | $2.2B |
| Net Debt | $2.2B |
