| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $18M | $16M | 3.0% | 11.0% |
| Op. Income | $6M | $6M | $6M | 8.4% | 13.5% |
| Gross Margin | 81.3% | 79.9% | 81.8% | 1.4pp | -0.5pp |
| Net Margin | 28.8% | 27.6% | 28.2% | 1.1pp | 0.6pp |
| EPS (Diluted) | $1.42 | $1.31 | $1.23 | 8.4% | 15.4% |
| Free Cash Flow | $5M | $6M | $5M | -1.1% | 4.5% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $3M |
| Operating Expenses | $8M |
| Cost & Expenses | $12M |
| OPERATING INCOME | $6M |
| Interest Income | $16M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $90.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $3M |
| Operating Expenses | $8M |
| Cost & Expenses | $12M |
| OPERATING INCOME | $6M |
| Interest Income | $16M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $90.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $90.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$240.0K |
| Other Non-Cash Items | $317.0K |
| Change in Working Capital | $140.0K |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$60.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$40M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | -$14M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $247M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $286M |
| PP&E (Net) | $16M |
| Goodwill | $23M |
| Intangible Assets | $1M |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $110M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $123M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $4M |
| Additional Paid-In Capital | $55M |
| Retained Earnings | $107M |
| Treasury Stock | -$14M |
| Accum. Other Comp. Income | -$289.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $152M |
| Minority Interest | $0 |
| TOTAL EQUITY | $152M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $110M |
| Net Debt | $75M |
