| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $114M | $107M | $99M | 6.3% | 15.0% |
| Op. Income | $44M | $50M | $46M | -10.7% | -2.5% |
| Gross Margin | 85.0% | 92.7% | 91.5% | -7.7pp | -6.5pp |
| Net Margin | 32.8% | 38.7% | 38.7% | -6.0pp | -6.0pp |
| EPS (Diluted) | $0.26 | $0.30 | $0.28 | -13.3% | -7.1% |
| Free Cash Flow | $25M | $57M | $68M | -55.5% | -62.3% |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $97M |
| R&D Expenses | $0 |
| Selling & Marketing | $320.0K |
| General & Administrative | $30M |
| SG&A Expenses | $31M |
| Other Expenses | $21M |
| Operating Expenses | $52M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $44M |
| Interest Income | $88M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $3M |
| EBIT | $44M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $97M |
| R&D Expenses | $0 |
| Selling & Marketing | $320.0K |
| General & Administrative | $30M |
| SG&A Expenses | $31M |
| Other Expenses | $21M |
| Operating Expenses | $52M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $44M |
| Interest Income | $88M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $3M |
| EBIT | $44M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $48.0K |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $61M |
| Purchases of Investments | -$2.3B |
| Sales/Maturities of Investments | $1.7B |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$567M |
| Net Debt Issuance | $477M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $58M |
| NET CASH FROM FINANCING | $521M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $268M |
| Short-Term Investments | $4.1B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $140M |
| Goodwill | $0 |
| Intangible Assets | $319M |
| Long-Term Investments | $4.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $246M |
| TOTAL NON-CURRENT ASSETS | $5.3B |
| TOTAL ASSETS | $9.7B |
| Account Payables | $0 |
| Short-Term Debt | $412M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.2B |
| TOTAL CURRENT LIABILITIES | $7.6B |
| Long-Term Debt | $446M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $106M |
| TOTAL NON-CURRENT LIABILITIES | $552M |
| TOTAL LIABILITIES | $8.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $674M |
| Retained Earnings | $728M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | $124M |
| Other Equity | $8M |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $9.7B |
| Total Debt | $858M |
| Net Debt | $590M |
