| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | $59M | $49M | -0.6% | 18.8% |
| Op. Income | $19M | $16M | $13M | 21.4% | 49.3% |
| Gross Margin | 83.8% | 81.1% | 86.6% | 2.6pp | -2.8pp |
| Net Margin | 27.0% | 22.2% | 22.3% | 4.8pp | 4.7pp |
| EPS (Diluted) | $0.59 | $0.49 | $0.44 | 20.4% | 34.1% |
| Free Cash Flow | $16M | $30M | $17M | -48.5% | -9.7% |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $17M |
| SG&A Expenses | $19M |
| Other Expenses | $11M |
| Operating Expenses | $30M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $19M |
| Interest Income | $47M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $2M |
| EBIT | $19M |
| EBITDA | $22M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $17M |
| SG&A Expenses | $19M |
| Other Expenses | $11M |
| Operating Expenses | $30M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $19M |
| Interest Income | $47M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $2M |
| EBIT | $19M |
| EBITDA | $22M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $360.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$51M |
| Sales/Maturities of Investments | $44M |
| Other Investing Activities | -$21M |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | $33M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $27M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $62M |
| Short-Term Investments | $855M |
| Net Receivables | $44M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $961M |
| PP&E (Net) | $97M |
| Goodwill | $121M |
| Intangible Assets | $13M |
| Long-Term Investments | $3.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $127M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $44M |
| Short-Term Debt | $168M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.4B |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $179M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $182M |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $27M |
| Additional Paid-In Capital | $279M |
| Retained Earnings | $253M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $574M |
| Minority Interest | $0 |
| TOTAL EQUITY | $574M |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $350M |
| Net Debt | $288M |
