| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | $57M | $55M | 4.3% | 7.2% |
| Op. Income | $20M | $18M | $18M | 11.1% | 11.0% |
| Gross Margin | 88.7% | 89.0% | 93.0% | -0.3pp | -4.3pp |
| Net Margin | 25.6% | 25.0% | 21.3% | 0.6pp | 4.3pp |
| EPS (Diluted) | $0.52 | $0.48 | $0.39 | 8.3% | 33.3% |
| Free Cash Flow | $28M | $19M | $18M | 45.2% | 57.4% |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $797.0K |
| General & Administrative | $23M |
| SG&A Expenses | $24M |
| Other Expenses | $8M |
| Operating Expenses | $33M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $20M |
| Interest Income | $50M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $3M |
| EBIT | $20M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $797.0K |
| General & Administrative | $23M |
| SG&A Expenses | $24M |
| Other Expenses | $8M |
| Operating Expenses | $33M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $20M |
| Interest Income | $50M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $3M |
| EBIT | $20M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $990.0K |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$703.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$21.0K |
| Sales/Maturities of Investments | $41M |
| Other Investing Activities | -$99M |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | $18M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $25M |
| NET CASH FROM FINANCING | $30M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | $224.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $1.2B |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $46M |
| Goodwill | $0 |
| Intangible Assets | $16M |
| Long-Term Investments | $4.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $223M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $0 |
| Short-Term Debt | $105M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.0B |
| TOTAL CURRENT LIABILITIES | $5.1B |
| Long-Term Debt | $93M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $49M |
| TOTAL NON-CURRENT LIABILITIES | $142M |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $479M |
| Additional Paid-In Capital | $88M |
| Retained Earnings | -$61M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $478M |
| Minority Interest | $0 |
| TOTAL EQUITY | $478M |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $198M |
| Net Debt | $108M |
