| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | $66M | $60M | 4.5% | 14.4% |
| Op. Income | $24M | $22M | $28M | 8.2% | -14.6% |
| Gross Margin | 76.4% | 76.6% | 81.2% | -0.2pp | -4.8pp |
| Net Margin | 28.7% | 27.9% | 37.4% | 0.8pp | -8.8pp |
| EPS (Diluted) | $1.38 | $1.28 | $1.57 | 7.8% | -12.1% |
| Free Cash Flow | $23M | $5M | $21M | 360.9% | 10.3% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $794.0K |
| General & Administrative | $16M |
| SG&A Expenses | $17M |
| Other Expenses | $12M |
| Operating Expenses | $29M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $24M |
| Interest Income | $60M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $3M |
| EBIT | $24M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $794.0K |
| General & Administrative | $16M |
| SG&A Expenses | $17M |
| Other Expenses | $12M |
| Operating Expenses | $29M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $24M |
| Interest Income | $60M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $3M |
| EBIT | $24M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $224.0K |
| Deferred Income Tax | -$771.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$49M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$45M |
| NET CASH FROM INVESTING | -$84M |
| Net Debt Issuance | $26M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $47M |
| NET CASH FROM FINANCING | $69M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $191M |
| Short-Term Investments | $349M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $636M |
| PP&E (Net) | $141M |
| Goodwill | $5M |
| Intangible Assets | $3M |
| Long-Term Investments | $4.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $3M |
| Short-Term Debt | $294M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $100M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $110M |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $142.0K |
| Additional Paid-In Capital | $32M |
| Retained Earnings | $523M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $597M |
| Minority Interest | $0 |
| TOTAL EQUITY | $597M |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $394M |
| Net Debt | $203M |
