| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | $68M | $61M | 0.6% | 12.3% |
| Op. Income | $21M | $20M | $21M | 6.9% | 1.9% |
| Gross Margin | 72.9% | 71.6% | 82.3% | 1.2pp | -9.5pp |
| Net Margin | 21.4% | 16.7% | 24.3% | 4.7pp | -2.9pp |
| EPS (Diluted) | $0.48 | $0.37 | $0.46 | 29.7% | 4.3% |
| Free Cash Flow | $21M | $18M | $18M | 17.8% | 16.5% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $760.0K |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $13M |
| Operating Expenses | $29M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $21M |
| Interest Income | $62M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $3M |
| EBIT | $21M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $760.0K |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $13M |
| Operating Expenses | $29M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $21M |
| Interest Income | $62M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $3M |
| EBIT | $21M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $712.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$131M |
| Sales/Maturities of Investments | $90M |
| Other Investing Activities | $24M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$55M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $73M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $170M |
| Short-Term Investments | $621M |
| Net Receivables | $13M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $904M |
| PP&E (Net) | $28M |
| Goodwill | $0 |
| Intangible Assets | $12M |
| Long-Term Investments | $4.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $77M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.8B |
| TOTAL CURRENT LIABILITIES | $4.9B |
| Long-Term Debt | $118M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $750.0K |
| TOTAL NON-CURRENT LIABILITIES | $119M |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $570M |
| Retained Earnings | $105M |
| Treasury Stock | -$109M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $564M |
| Minority Interest | $0 |
| TOTAL EQUITY | $564M |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $118M |
| Net Debt | -$52M |
