| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $17M | $16M | 3.1% | 15.8% |
| Op. Income | $7M | $7M | $5M | 0.1% | 22.3% |
| Gross Margin | 91.3% | 92.6% | 93.4% | -1.2pp | -2.1pp |
| Net Margin | 31.5% | 31.9% | 12.5% | -0.4pp | 19.0pp |
| EPS (Diluted) | $0.46 | $0.45 | $0.16 | 2.2% | 187.5% |
| Free Cash Flow | $7M | $6M | $4M | 21.0% | 87.5% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $4M |
| Operating Expenses | $10M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $7M |
| Interest Income | $13M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $437.0K |
| EBIT | $7M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $4M |
| Operating Expenses | $10M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $7M |
| Interest Income | $13M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $437.0K |
| EBIT | $7M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $437.0K |
| Stock-Based Compensation | $355.0K |
| Deferred Income Tax | -$104.0K |
| Other Non-Cash Items | $801.0K |
| Change in Working Capital | $265.0K |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$205.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $363M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $405M |
| PP&E (Net) | $15M |
| Goodwill | $12M |
| Intangible Assets | $9.0K |
| Long-Term Investments | $819M |
| Tax Assets | $4M |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $886M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $11M |
| Short-Term Debt | $13M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $36M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $13M |
| Additional Paid-In Capital | $73M |
| Retained Earnings | $123M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $197M |
| Minority Interest | $0 |
| TOTAL EQUITY | $197M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $49M |
| Net Debt | $11M |
