| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $57M | $56M | $58M | 1.1% | -1.8% |
| Op. Income | $15M | $16M | $21M | -6.7% | -25.4% |
| Gross Margin | 64.9% | 66.2% | 73.8% | -1.3pp | -8.8pp |
| Net Margin | 20.7% | 21.9% | 23.0% | -1.2pp | -2.3pp |
| EPS (Diluted) | $0.32 | $0.33 | $0.35 | -3.0% | -8.6% |
| Free Cash Flow | $16M | $14M | $18M | 10.3% | -11.7% |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $975.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $7M |
| Operating Expenses | $22M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $15M |
| Interest Income | $55M |
| Interest Expense | $20M |
| 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 | $12M |
| D&A | $1M |
| EBIT | $15M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $975.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $7M |
| Operating Expenses | $22M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $15M |
| Interest Income | $55M |
| Interest Expense | $20M |
| 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 | $12M |
| D&A | $1M |
| EBIT | $15M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $403.0K |
| Deferred Income Tax | -$455.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | $93.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$77M |
| Sales/Maturities of Investments | $52M |
| Other Investing Activities | -$38M |
| NET CASH FROM INVESTING | -$64M |
| Net Debt Issuance | -$725.0K |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $53M |
| NET CASH FROM FINANCING | $30M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $133M |
| Short-Term Investments | $471M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $603M |
| PP&E (Net) | $25M |
| Goodwill | $56M |
| Intangible Assets | $0 |
| Long-Term Investments | $5.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $212M |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $6.3B |
| 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 | $152M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $5.7B |
| Common Stock | $537.0K |
| Additional Paid-In Capital | $278M |
| Retained Earnings | $558M |
| Treasury Stock | -$221M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | -$6M |
| TOTAL STOCKHOLDERS' EQUITY | $604M |
| Minority Interest | $0 |
| TOTAL EQUITY | $604M |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $1.2B |
| Net Debt | $1.0B |
