| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | $60M | $58M | 0.3% | 3.1% |
| Op. Income | $15M | $16M | $19M | -2.0% | -20.8% |
| Gross Margin | 62.2% | 64.1% | 70.5% | -1.9pp | -8.3pp |
| Net Margin | 19.2% | 20.8% | 25.3% | -1.6pp | -6.2pp |
| EPS (Diluted) | $0.32 | $0.34 | $0.39 | -5.9% | -17.9% |
| Free Cash Flow | $10M | $19M | $11M | -46.4% | -6.7% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $466.0K |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $7M |
| Operating Expenses | $22M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $15M |
| Interest Income | $58M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $1M |
| EBIT | $15M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $466.0K |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $7M |
| Operating Expenses | $22M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $15M |
| Interest Income | $58M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $1M |
| EBIT | $15M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $284.0K |
| Deferred Income Tax | -$807.0K |
| Other Non-Cash Items | -$77.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$50.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$38M |
| Sales/Maturities of Investments | $34M |
| Other Investing Activities | -$111M |
| NET CASH FROM INVESTING | -$115M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $103M |
| NET CASH FROM FINANCING | $101M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $143M |
| Short-Term Investments | $512M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $655M |
| PP&E (Net) | $64M |
| Goodwill | $56M |
| Intangible Assets | $0 |
| Long-Term Investments | $5.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $209M |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $6.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.4B |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $168M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $537.0K |
| Additional Paid-In Capital | $278M |
| Retained Earnings | $572M |
| Treasury Stock | -$232M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | -$8M |
| TOTAL STOCKHOLDERS' EQUITY | $606M |
| Minority Interest | $0 |
| TOTAL EQUITY | $606M |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $1.3B |
| Net Debt | $1.1B |
