| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $68M | $71M | $63M | -3.5% | 9.1% |
| Op. Income | $22M | $24M | $20M | -10.4% | 9.4% |
| Gross Margin | 72.0% | 72.2% | 74.3% | -0.2pp | -2.3pp |
| Net Margin | 22.3% | 24.6% | 22.6% | -2.3pp | -0.3pp |
| EPS (Diluted) | $0.34 | $0.39 | $0.31 | -12.8% | 9.7% |
| Free Cash Flow | $13M | $23M | $8M | -43.3% | 60.8% |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $11M |
| Operating Expenses | $27M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $22M |
| Interest Income | $62M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $1M |
| EBIT | $22M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $11M |
| Operating Expenses | $27M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $22M |
| Interest Income | $62M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $1M |
| EBIT | $22M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $297.0K |
| Deferred Income Tax | $34.0K |
| Other Non-Cash Items | $16.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$424.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | -$179M |
| NET CASH FROM INVESTING | -$158M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$279M |
| NET CASH FROM FINANCING | -$59M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$203M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $65M |
| Short-Term Investments | $1.0B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5.0B |
| Tax Assets | $11M |
| Other Non-Current Assets | $88M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $66M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.9B |
| TOTAL CURRENT LIABILITIES | $5.0B |
| Long-Term Debt | $743M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $743M |
| TOTAL LIABILITIES | $5.7B |
| Common Stock | $45.0K |
| Additional Paid-In Capital | $434M |
| Retained Earnings | $176M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $614M |
| Minority Interest | $0 |
| TOTAL EQUITY | $614M |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $743M |
| Net Debt | $678M |
