| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $76M | $76M | $71M | -0.0% | 6.6% |
| Op. Income | $28M | $30M | $27M | -5.8% | 6.2% |
| Gross Margin | 88.3% | 89.4% | 98.7% | -1.1pp | -10.5pp |
| Net Margin | 29.5% | 31.6% | 29.2% | -2.1pp | 0.3pp |
| EPS (Diluted) | $0.75 | $0.80 | $0.70 | -6.3% | 7.1% |
| Free Cash Flow | $16M | $19M | $4M | -16.6% | 271.2% |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $15M |
| Operating Expenses | $39M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $28M |
| Interest Income | $62M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $4M |
| EBIT | $28M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $15M |
| Operating Expenses | $39M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $28M |
| Interest Income | $62M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $4M |
| EBIT | $28M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $403.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $614.0K |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$162M |
| Sales/Maturities of Investments | $39M |
| Other Investing Activities | -$44M |
| NET CASH FROM INVESTING | -$167M |
| Net Debt Issuance | -$529.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $138M |
| NET CASH FROM FINANCING | $134M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $447M |
| Short-Term Investments | $640M |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $138M |
| Goodwill | $234M |
| Intangible Assets | $20M |
| Long-Term Investments | $4.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $178M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.8B |
| TOTAL CURRENT LIABILITIES | $4.8B |
| Long-Term Debt | $406M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $56M |
| TOTAL NON-CURRENT LIABILITIES | $463M |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $435M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $360M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $3M |
| TOTAL STOCKHOLDERS' EQUITY | $788M |
| Minority Interest | $0 |
| TOTAL EQUITY | $788M |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $406M |
| Net Debt | -$41M |
