| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $75M | $77M | $76M | -2.5% | -0.3% |
| Op. Income | $26M | $32M | $30M | -16.9% | -12.2% |
| Gross Margin | 84.8% | 90.3% | 89.4% | -5.5pp | -4.6pp |
| Net Margin | 27.7% | 32.4% | 31.6% | -4.7pp | -3.9pp |
| EPS (Diluted) | $0.71 | $0.84 | $0.80 | -15.5% | -11.3% |
| Free Cash Flow | $17M | $8M | $19M | 111.9% | -8.9% |
| Item | Amount |
|---|---|
| REVENUE | $75M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $64M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $13M |
| Operating Expenses | $38M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $26M |
| Interest Income | $63M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $3M |
| EBIT | $26M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $75M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $64M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $13M |
| Operating Expenses | $38M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $26M |
| Interest Income | $63M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $3M |
| EBIT | $26M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $522.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$820.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$160M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | -$47M |
| NET CASH FROM INVESTING | -$156M |
| Net Debt Issuance | -$106M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $162M |
| NET CASH FROM FINANCING | $52M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$86M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $231M |
| Short-Term Investments | $822M |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $135M |
| Goodwill | $234M |
| Intangible Assets | $17M |
| Long-Term Investments | $4.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $168M |
| TOTAL NON-CURRENT ASSETS | $5.1B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $2M |
| Short-Term Debt | $238M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.9B |
| TOTAL CURRENT LIABILITIES | $5.2B |
| Long-Term Debt | $244M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$144M |
| TOTAL NON-CURRENT LIABILITIES | $120M |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $430M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $418M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $5M |
| Other Equity | $3M |
| TOTAL STOCKHOLDERS' EQUITY | $852M |
| Minority Interest | $0 |
| TOTAL EQUITY | $852M |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $502M |
| Net Debt | $271M |
