| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20M | $17M | $12M | 15.0% | 60.9% |
| Op. Income | $5M | $4M | $2M | 29.2% | 161.1% |
| Gross Margin | 85.8% | 84.4% | 87.3% | 1.4pp | -1.5pp |
| Net Margin | 21.0% | 19.1% | 13.5% | 1.9pp | 7.6pp |
| EPS (Diluted) | $0.63 | $0.51 | $0.30 | 23.5% | 110.0% |
| Free Cash Flow | -$1M | -$10M | $5M | 89.7% | -119.9% |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $320.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $3M |
| Operating Expenses | $12M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $5M |
| Interest Income | $12M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $1M |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $20M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $320.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $3M |
| Operating Expenses | $12M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $5M |
| Interest Income | $12M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $1M |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $400.0K |
| Deferred Income Tax | $188.0K |
| Other Non-Cash Items | -$986.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$30M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$608.0K |
| Other Financing Activities | $41M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$150.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $136M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $155M |
| PP&E (Net) | $39M |
| Goodwill | $16M |
| Intangible Assets | $11M |
| Long-Term Investments | $770M |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $867M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $789M |
| TOTAL CURRENT LIABILITIES | $800M |
| Long-Term Debt | $102M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $420.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $102M |
| TOTAL LIABILITIES | $902M |
| Common Stock | $67.0K |
| Additional Paid-In Capital | $69M |
| Retained Earnings | $54M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | $2M |
| Other Equity | -$352.0K |
| TOTAL STOCKHOLDERS' EQUITY | $120M |
| Minority Interest | $0 |
| TOTAL EQUITY | $120M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $102M |
| Net Debt | $88M |
