| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $50M | $41M | -1.7% | 19.4% |
| Op. Income | $15M | $15M | $11M | 5.9% | 41.3% |
| Gross Margin | 81.6% | 87.4% | 85.6% | -5.8pp | -4.0pp |
| Net Margin | 23.6% | 21.8% | 19.9% | 1.8pp | 3.7pp |
| EPS (Diluted) | $0.70 | $0.66 | $0.54 | 6.1% | 29.6% |
| Free Cash Flow | $9M | $13M | $7M | -27.5% | 27.6% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $523.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $10M |
| Operating Expenses | $25M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $15M |
| Interest Income | $38M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $3M |
| EBIT | $15M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $523.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $10M |
| Operating Expenses | $25M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $15M |
| Interest Income | $38M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $3M |
| EBIT | $15M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $117.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$928.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$770.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | -$76M |
| NET CASH FROM INVESTING | -$53M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $1.0K |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | -$60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $737M |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $867M |
| PP&E (Net) | $72M |
| Goodwill | $105M |
| Intangible Assets | $29M |
| Long-Term Investments | $2.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $98M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $3M |
| Short-Term Debt | $175M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.0B |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $110M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $150M |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $71M |
| Additional Paid-In Capital | $296M |
| Retained Earnings | $161M |
| Treasury Stock | -$18M |
| Accum. Other Comp. Income | $9M |
| Other Equity | $3M |
| TOTAL STOCKHOLDERS' EQUITY | $522M |
| Minority Interest | $0 |
| TOTAL EQUITY | $522M |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $297M |
| Net Debt | $184M |
