| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $64M | $57M | $55M | 12.0% | 15.6% |
| Op. Income | $21M | $22M | $18M | -4.6% | 17.0% |
| Gross Margin | 85.3% | 90.7% | 91.5% | -5.5pp | -6.2pp |
| Net Margin | 25.1% | 27.7% | 25.9% | -2.6pp | -0.7pp |
| EPS (Diluted) | $0.55 | $0.54 | $0.48 | 1.9% | 14.6% |
| Free Cash Flow | $25M | $25M | $29M | 2.1% | -14.0% |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $941.0K |
| General & Administrative | $24M |
| SG&A Expenses | $25M |
| Other Expenses | $8M |
| Operating Expenses | $33M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $21M |
| Interest Income | $53M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $2M |
| EBIT | $21M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $941.0K |
| General & Administrative | $24M |
| SG&A Expenses | $25M |
| Other Expenses | $8M |
| Operating Expenses | $33M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $21M |
| Interest Income | $53M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $2M |
| EBIT | $21M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $498.0K |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$782.0K |
| Acquisitions (Net) | $622.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $46M |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | $21M |
| Net Debt Issuance | -$39M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$51M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $98M |
| Short-Term Investments | $1.3B |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $99M |
| Goodwill | $0 |
| Intangible Assets | $15M |
| Long-Term Investments | $4.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $217M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $5.8B |
| Account Payables | $0 |
| Short-Term Debt | $179M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.9B |
| TOTAL CURRENT LIABILITIES | $5.1B |
| Long-Term Debt | $102M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $212M |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $463M |
| Additional Paid-In Capital | $89M |
| Retained Earnings | -$42M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $503M |
| Minority Interest | $0 |
| TOTAL EQUITY | $503M |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $335M |
| Net Debt | $237M |
