| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $22M | $23M | 0.1% | -7.1% |
| Op. Income | $2M | $6M | $9M | -65.7% | -75.6% |
| Gross Margin | 71.7% | 92.0% | 94.2% | -20.3pp | -22.4pp |
| Net Margin | 9.1% | 23.1% | 29.8% | -14.0pp | -20.7pp |
| EPS (Diluted) | $0.40 | $1.02 | $1.43 | -60.8% | -72.0% |
| Free Cash Flow | $8M | $6M | $9M | 38.8% | -10.4% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $231.0K |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $6M |
| Operating Expenses | $13M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $2M |
| Interest Income | $17M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $176.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $231.0K |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $6M |
| Operating Expenses | $13M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $2M |
| Interest Income | $17M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $176.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $1M |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $97.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$126.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | -$18M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$55.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $35M |
| NET CASH FROM FINANCING | $34M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $146M |
| Short-Term Investments | $268M |
| Net Receivables | $30M |
| Inventory | -$3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $444M |
| PP&E (Net) | $31M |
| Goodwill | $22M |
| Intangible Assets | $886.0K |
| Long-Term Investments | $1.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $53.0K |
| Additional Paid-In Capital | $46M |
| Retained Earnings | $151M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $182M |
| Minority Interest | $0 |
| TOTAL EQUITY | $182M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $12M |
| Net Debt | -$134M |
