| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53M | $51M | $70M | 2.4% | -24.8% |
| Op. Income | $13M | $6M | $28M | 100.1% | -53.8% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 25.6% | 17.9% | 37.2% | 7.7pp | -11.6pp |
| EPS (Diluted) | $0.65 | $0.44 | $1.25 | 47.7% | -48.0% |
| Free Cash Flow | $12M | $8M | $30M | 44.0% | -60.2% |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $53M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $13M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $904.0K |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $53M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $13M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $904.0K |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $904.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $657.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$488.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$117M |
| Sales/Maturities of Investments | $81M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $346M |
| Net Receivables | $53M |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $441M |
| PP&E (Net) | $18M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $42M |
| Tax Assets | $11M |
| Other Non-Current Assets | $92.0K |
| TOTAL NON-CURRENT ASSETS | $70M |
| TOTAL ASSETS | $511M |
| Account Payables | $7M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $29M |
| Common Stock | $198.0K |
| Additional Paid-In Capital | $305M |
| Retained Earnings | $177M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $234.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $482M |
| Minority Interest | $0 |
| TOTAL EQUITY | $482M |
| TOTAL LIABILITIES & EQUITY | $511M |
| Total Debt | $11M |
| Net Debt | -$17M |
