| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $22M | $17M | 1.1% | 25.6% |
| Op. Income | $6M | $4M | $7M | 47.5% | -4.4% |
| Gross Margin | 81.1% | 86.5% | 92.6% | -5.4pp | -11.5pp |
| Net Margin | 24.2% | 16.8% | 31.9% | 7.4pp | -7.8pp |
| EPS (Diluted) | $0.39 | $0.27 | $0.45 | 44.4% | -13.3% |
| Free Cash Flow | $8M | $4M | $6M | 91.9% | 39.2% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $4M |
| Operating Expenses | $11M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $6M |
| Interest Income | $17M |
| 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 | $472.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $4M |
| Operating Expenses | $11M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $6M |
| Interest Income | $17M |
| 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 | $472.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $472.0K |
| Stock-Based Compensation | $215.0K |
| Deferred Income Tax | -$396.0K |
| Other Non-Cash Items | $462.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$375.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$22M |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | -$22M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $14M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | $21M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $363M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $420M |
| PP&E (Net) | $16M |
| Goodwill | $29M |
| Intangible Assets | $1M |
| Long-Term Investments | $1.1B |
| Tax Assets | $2M |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $18M |
| Short-Term Debt | $21M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $65M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $65M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $14M |
| Additional Paid-In Capital | $104M |
| Retained Earnings | $125M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $243M |
| Minority Interest | $0 |
| TOTAL EQUITY | $243M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $86M |
| Net Debt | $35M |
