| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $71M | $68M | $64M | 3.7% | 9.9% |
| Op. Income | $24M | $18M | $21M | 38.5% | 16.3% |
| Gross Margin | 72.2% | 66.8% | 77.7% | 5.4pp | -5.5pp |
| Net Margin | 24.6% | 18.2% | 22.9% | 6.3pp | 1.7pp |
| EPS (Diluted) | $0.39 | $0.28 | $0.33 | 39.3% | 18.2% |
| Free Cash Flow | $23M | $12M | $26M | 84.2% | -12.3% |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $10M |
| Operating Expenses | $27M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $24M |
| Interest Income | $63M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $2M |
| EBIT | $24M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $10M |
| Operating Expenses | $27M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $24M |
| Interest Income | $63M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $2M |
| EBIT | $24M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $347.0K |
| Deferred Income Tax | -$792.0K |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$624.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$576M |
| Sales/Maturities of Investments | $310M |
| Other Investing Activities | $384M |
| NET CASH FROM INVESTING | $117M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $1.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $407M |
| NET CASH FROM FINANCING | $43M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | $183M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $268M |
| Short-Term Investments | $1.0B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4.9B |
| Tax Assets | $10M |
| Other Non-Current Assets | $75M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $63M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.2B |
| TOTAL CURRENT LIABILITIES | $5.2B |
| Long-Term Debt | $520M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $520M |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $45.0K |
| Additional Paid-In Capital | $433M |
| Retained Earnings | $163M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $604M |
| Minority Interest | $0 |
| TOTAL EQUITY | $604M |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $520M |
| Net Debt | $252M |
