| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $66M | $69M | $63M | -3.5% | 4.8% |
| Op. Income | $22M | $24M | $21M | -6.1% | 6.6% |
| Gross Margin | 78.3% | 76.4% | 78.6% | 1.8pp | -0.4pp |
| Net Margin | 26.9% | 28.7% | 27.3% | -1.7pp | -0.3pp |
| EPS (Diluted) | $1.24 | $1.38 | $1.21 | -10.1% | 2.5% |
| Free Cash Flow | $19M | $23M | $19M | -19.9% | -3.3% |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $52M |
| R&D Expenses | $0 |
| Selling & Marketing | $646.0K |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $12M |
| Operating Expenses | $30M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $22M |
| Interest Income | $59M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| 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 | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $52M |
| R&D Expenses | $0 |
| Selling & Marketing | $646.0K |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $12M |
| Operating Expenses | $30M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $22M |
| Interest Income | $59M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| 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 | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $255.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$64M |
| Sales/Maturities of Investments | $34M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | $19M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $24M |
| NET CASH FROM FINANCING | $38M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $220M |
| Short-Term Investments | $374M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $683M |
| PP&E (Net) | $142M |
| 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 | $4M |
| Short-Term Debt | $85M |
| 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 | $234M |
| TOTAL NON-CURRENT LIABILITIES | $334M |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $143.0K |
| Additional Paid-In Capital | $34M |
| Retained Earnings | $537M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $603M |
| Minority Interest | $0 |
| TOTAL EQUITY | $603M |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $185M |
| Net Debt | -$35M |
