| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $30M | $27M | 3.7% | 14.8% |
| Op. Income | $10M | $9M | $9M | 10.8% | 10.2% |
| Gross Margin | 84.3% | 84.7% | 91.1% | -0.4pp | -6.8pp |
| Net Margin | 27.9% | 26.9% | 19.3% | 1.0pp | 8.6pp |
| EPS (Diluted) | $0.31 | $0.29 | $0.19 | 6.9% | 63.2% |
| Free Cash Flow | $12M | $11M | $9M | 12.1% | 33.2% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $416.0K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $6M |
| Operating Expenses | $16M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $10M |
| Interest Income | $24M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $750.0K |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $416.0K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $6M |
| Operating Expenses | $16M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $10M |
| Interest Income | $24M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $750.0K |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $750.0K |
| Stock-Based Compensation | $500.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $926.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$114.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | -$45M |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | -$19M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $40M |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $402M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $420M |
| PP&E (Net) | $21M |
| Goodwill | $38M |
| Intangible Assets | $6M |
| Long-Term Investments | $1.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $113M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $0 |
| Short-Term Debt | $245M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $186M |
| Additional Paid-In Capital | $186M |
| Retained Earnings | $84M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$190M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $262M |
| Minority Interest | $0 |
| TOTAL EQUITY | $262M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $251M |
| Net Debt | $233M |
