| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $64M | $58M | $51M | 10.1% | 24.7% |
| Op. Income | $27M | $13M | $22M | 105.2% | 24.6% |
| Gross Margin | 87.4% | 87.0% | 89.9% | 0.4pp | -2.5pp |
| Net Margin | 34.0% | 18.5% | 34.5% | 15.4pp | -0.5pp |
| EPS (Diluted) | $1.30 | $0.68 | $1.13 | 91.2% | 15.0% |
| Free Cash Flow | $18M | $11M | $11M | 70.3% | 75.6% |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $56M |
| R&D Expenses | $0 |
| Selling & Marketing | $869.0K |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $12M |
| Operating Expenses | $28M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $27M |
| Interest Income | $49M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $2M |
| EBIT | $27M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $56M |
| R&D Expenses | $0 |
| Selling & Marketing | $869.0K |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $12M |
| Operating Expenses | $28M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $27M |
| Interest Income | $49M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $2M |
| EBIT | $27M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $803.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$463.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$70M |
| Sales/Maturities of Investments | $58M |
| Other Investing Activities | $27M |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | -$67M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $68M |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $144M |
| Short-Term Investments | $755M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $913M |
| PP&E (Net) | $79M |
| Goodwill | $109M |
| Intangible Assets | $13M |
| Long-Term Investments | $3.6B |
| Tax Assets | $13M |
| Other Non-Current Assets | $166M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $0 |
| Short-Term Debt | $195M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.0B |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $57M |
| TOTAL NON-CURRENT LIABILITIES | $61M |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $48M |
| Additional Paid-In Capital | $170M |
| Retained Earnings | $499M |
| Treasury Stock | -$92M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $619M |
| Minority Interest | $0 |
| TOTAL EQUITY | $619M |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $199M |
| Net Debt | $55M |
