| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $80M | $74M | $68M | 7.0% | 16.8% |
| Op. Income | $17M | $20M | $18M | -11.4% | -3.4% |
| Gross Margin | 67.4% | 68.1% | 71.9% | -0.7pp | -4.5pp |
| Net Margin | 17.0% | 19.1% | 21.8% | -2.1pp | -4.8pp |
| EPS (Diluted) | $0.12 | $0.13 | $0.13 | -7.7% | -7.7% |
| Free Cash Flow | $90M | $27M | $5M | 233.4% | 1535.1% |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $621.0K |
| General & Administrative | $24M |
| SG&A Expenses | $25M |
| Other Expenses | $12M |
| Operating Expenses | $36M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $17M |
| Interest Income | $70M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $2M |
| EBIT | $17M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $621.0K |
| General & Administrative | $24M |
| SG&A Expenses | $25M |
| Other Expenses | $12M |
| Operating Expenses | $36M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $17M |
| Interest Income | $70M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $2M |
| EBIT | $17M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | $103M |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | $94M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$69M |
| Sales/Maturities of Investments | $103M |
| Other Investing Activities | -$368M |
| NET CASH FROM INVESTING | -$339M |
| Net Debt Issuance | $195M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $82M |
| NET CASH FROM FINANCING | $263M |
| FREE CASH FLOW | $90M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $1.1B |
| Net Receivables | $22M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $73M |
| Goodwill | $61M |
| Intangible Assets | $8M |
| Long-Term Investments | $6.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $427M |
| TOTAL NON-CURRENT ASSETS | $7.0B |
| TOTAL ASSETS | $8.2B |
| Account Payables | $0 |
| Short-Term Debt | $108M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.6B |
| TOTAL CURRENT LIABILITIES | $5.9B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $7.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $532M |
| Retained Earnings | $615M |
| Treasury Stock | -$55M |
| Accum. Other Comp. Income | -$69M |
| Other Equity | -$42M |
| TOTAL STOCKHOLDERS' EQUITY | $983M |
| Minority Interest | $0 |
| TOTAL EQUITY | $983M |
| TOTAL LIABILITIES & EQUITY | $8.2B |
| Total Debt | $1.4B |
| Net Debt | $1.3B |
