| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | $67M | $69M | -3.3% | -5.1% |
| Op. Income | $3M | $6M | $21M | -41.6% | -83.8% |
| Gross Margin | 52.9% | 59.2% | 72.9% | -6.3pp | -20.0pp |
| Net Margin | 3.6% | 4.6% | 21.4% | -1.0pp | -17.8pp |
| EPS (Diluted) | $0.08 | $0.10 | $0.48 | -20.0% | -83.3% |
| Free Cash Flow | $23M | $3M | $21M | 568.7% | 9.7% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $734.0K |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $13M |
| Operating Expenses | $31M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $3M |
| Interest Income | $59M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $2M |
| EBIT | $3M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $734.0K |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $13M |
| Operating Expenses | $31M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $3M |
| Interest Income | $59M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $2M |
| EBIT | $3M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $769.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $22M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $50M |
| Other Investing Activities | $39M |
| NET CASH FROM INVESTING | $61M |
| Net Debt Issuance | $210M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$117M |
| NET CASH FROM FINANCING | $83M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | $169M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $291M |
| Short-Term Investments | $622M |
| Net Receivables | $51M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $26M |
| Goodwill | $11M |
| Intangible Assets | $777.0K |
| Long-Term Investments | $4.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $76M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.6B |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $419M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $101.0K |
| TOTAL NON-CURRENT LIABILITIES | $419M |
| TOTAL LIABILITIES | $5.1B |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $577M |
| Retained Earnings | $83M |
| Treasury Stock | -$119M |
| Accum. Other Comp. Income | $12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $553M |
| Minority Interest | $0 |
| TOTAL EQUITY | $553M |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $419M |
| Net Debt | $128M |
