| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | $65M | $58M | 0.3% | 12.9% |
| Op. Income | $29M | $29M | $13M | 1.3% | 116.5% |
| Gross Margin | 86.8% | 85.1% | 87.0% | 1.7pp | -0.2pp |
| Net Margin | 34.6% | 34.4% | 18.5% | 0.3pp | 16.1pp |
| EPS (Diluted) | $1.38 | $1.36 | $0.68 | 1.5% | 102.9% |
| Free Cash Flow | $27M | $27M | $11M | -0.6% | 151.1% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $57M |
| R&D Expenses | $0 |
| Selling & Marketing | $694.0K |
| General & Administrative | $16M |
| SG&A Expenses | $17M |
| Other Expenses | $11M |
| Operating Expenses | $28M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $29M |
| Interest Income | $49M |
| Interest Expense | $9M |
| 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 | $22M |
| D&A | $1M |
| EBIT | $29M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $57M |
| R&D Expenses | $0 |
| Selling & Marketing | $694.0K |
| General & Administrative | $16M |
| SG&A Expenses | $17M |
| Other Expenses | $11M |
| Operating Expenses | $28M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $29M |
| Interest Income | $49M |
| Interest Expense | $9M |
| 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 | $22M |
| D&A | $1M |
| EBIT | $29M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $615.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$478.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$40M |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | -$33M |
| NET CASH FROM INVESTING | -$51M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $47M |
| NET CASH FROM FINANCING | $46M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $140M |
| Short-Term Investments | $810M |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $962M |
| PP&E (Net) | $77M |
| Goodwill | $109M |
| Intangible Assets | $11M |
| Long-Term Investments | $3.7B |
| Tax Assets | $7M |
| Other Non-Current Assets | $171M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $0 |
| Short-Term Debt | $211M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.1B |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $70M |
| TOTAL NON-CURRENT LIABILITIES | $74M |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $48M |
| Additional Paid-In Capital | $170M |
| Retained Earnings | $539M |
| Treasury Stock | -$105M |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $658M |
| Minority Interest | $0 |
| TOTAL EQUITY | $658M |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $215M |
| Net Debt | $75M |
