| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | $63M | $54M | 2.3% | 20.4% |
| Op. Income | $22M | $21M | $16M | 2.6% | 34.1% |
| Gross Margin | 77.3% | 78.6% | 82.5% | -1.3pp | -5.2pp |
| Net Margin | 27.2% | 27.3% | 25.0% | -0.1pp | 2.2pp |
| EPS (Diluted) | $1.23 | $1.21 | $0.95 | 1.7% | 29.5% |
| Free Cash Flow | $27M | $19M | $26M | 41.7% | 6.9% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $527.0K |
| General & Administrative | $16M |
| SG&A Expenses | $17M |
| Other Expenses | $12M |
| Operating Expenses | $28M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $22M |
| Interest Income | $57M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $3M |
| EBIT | $22M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $527.0K |
| General & Administrative | $16M |
| SG&A Expenses | $17M |
| Other Expenses | $12M |
| Operating Expenses | $28M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $22M |
| Interest Income | $57M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $3M |
| EBIT | $22M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $220.0K |
| Deferred Income Tax | $287.0K |
| Other Non-Cash Items | $904.0K |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$67M |
| Sales/Maturities of Investments | $37M |
| Other Investing Activities | -$56M |
| NET CASH FROM INVESTING | -$88M |
| Net Debt Issuance | -$157M |
| Common Stock Repurchased | -$849.0K |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $235M |
| NET CASH FROM FINANCING | $62M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $206M |
| Short-Term Investments | $278M |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $561M |
| PP&E (Net) | $142M |
| Goodwill | $5M |
| Intangible Assets | $4M |
| Long-Term Investments | $4.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $3M |
| Short-Term Debt | $141M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.0B |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $100M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $108M |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $142.0K |
| Additional Paid-In Capital | $31M |
| Retained Earnings | $494M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $544M |
| Minority Interest | $0 |
| TOTAL EQUITY | $544M |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $241M |
| Net Debt | $34M |
