| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $10M | $9M | 4.1% | 21.6% |
| Op. Income | $3M | $2M | $2M | 6.3% | 48.5% |
| Gross Margin | 88.3% | 87.1% | 90.3% | 1.1pp | -2.1pp |
| Net Margin | 21.0% | 20.8% | 21.2% | 0.2pp | -0.3pp |
| EPS (Diluted) | $0.65 | $0.62 | $0.54 | 4.8% | 20.4% |
| Free Cash Flow | $4M | $2M | $2M | 72.3% | 77.9% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $190.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $2M |
| Operating Expenses | $7M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $3M |
| Interest Income | $9M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $412.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $240.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $190.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $2M |
| Operating Expenses | $7M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $3M |
| Interest Income | $9M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $412.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $240.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $240.0K |
| Stock-Based Compensation | $217.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $759.0K |
| Change in Working Capital | $574.0K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$457.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$547.0K |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$773.0K |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $138M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $177M |
| PP&E (Net) | $19M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $633M |
| Tax Assets | $0 |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $675M |
| TOTAL ASSETS | $851M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $735M |
| TOTAL CURRENT LIABILITIES | $735M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $757M |
| Common Stock | $9M |
| Additional Paid-In Capital | $11M |
| Retained Earnings | $73M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $95M |
| Minority Interest | $0 |
| TOTAL EQUITY | $95M |
| TOTAL LIABILITIES & EQUITY | $851M |
| Total Debt | $10M |
| Net Debt | -$29M |
