| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $64M | $63M | $57M | 1.4% | 12.0% |
| Op. Income | $6M | $17M | $15M | -68.2% | -63.8% |
| Gross Margin | 44.5% | 63.4% | 64.9% | -18.8pp | -20.4pp |
| Net Margin | 7.4% | 20.8% | 20.7% | -13.4pp | -13.3pp |
| EPS (Diluted) | $0.13 | $0.36 | $0.32 | -63.9% | -59.4% |
| Free Cash Flow | $20M | $15M | $16M | 29.2% | 25.4% |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $466.0K |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $7M |
| Operating Expenses | $23M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $6M |
| Interest Income | $60M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $850.0K |
| 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 | $444.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $466.0K |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $7M |
| Operating Expenses | $23M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $6M |
| Interest Income | $60M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $850.0K |
| 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 | $444.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $444.0K |
| Stock-Based Compensation | $574.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$227.0K |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$511.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$97M |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | $42M |
| NET CASH FROM INVESTING | $939.0K |
| Net Debt Issuance | $97M |
| Common Stock Repurchased | -$316.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$173M |
| NET CASH FROM FINANCING | -$81M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | -$60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $520M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $632M |
| PP&E (Net) | $61M |
| Goodwill | $56M |
| Intangible Assets | $0 |
| Long-Term Investments | $5.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $213M |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $6.4B |
| 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 | $149M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $537.0K |
| Additional Paid-In Capital | $280M |
| Retained Earnings | $580M |
| Treasury Stock | -$235M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | -$10M |
| TOTAL STOCKHOLDERS' EQUITY | $609M |
| Minority Interest | $0 |
| TOTAL EQUITY | $609M |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $1.3B |
| Net Debt | $1.2B |
