| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $64M | $63M | $57M | 0.9% | 11.9% |
| Op. Income | $19M | $19M | $22M | -0.4% | -12.6% |
| Gross Margin | 85.5% | 85.2% | 90.7% | 0.2pp | -5.3pp |
| Net Margin | 22.3% | 23.0% | 27.7% | -0.8pp | -5.5pp |
| EPS (Diluted) | $0.50 | $0.51 | $0.54 | -2.0% | -7.4% |
| Free Cash Flow | $16M | $12M | $25M | 27.8% | -35.1% |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $25M |
| SG&A Expenses | $26M |
| Other Expenses | $9M |
| Operating Expenses | $35M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $19M |
| Interest Income | $55M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $5M |
| 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 | $19M |
| EBITDA | $22M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $25M |
| SG&A Expenses | $26M |
| Other Expenses | $9M |
| Operating Expenses | $35M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $19M |
| Interest Income | $55M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $5M |
| 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 | $19M |
| EBITDA | $22M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$36.0K |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | -$80M |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | -$55M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $82M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $1.1B |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $99M |
| Goodwill | $0 |
| Intangible Assets | $15M |
| Long-Term Investments | $4.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $224M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $0 |
| Short-Term Debt | $150M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.1B |
| TOTAL CURRENT LIABILITIES | $5.3B |
| Long-Term Debt | $102M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $214M |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $448M |
| Additional Paid-In Capital | $92M |
| Retained Earnings | -$19M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $529M |
| Minority Interest | $0 |
| TOTAL EQUITY | $529M |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $304M |
| Net Debt | $201M |
