| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | $68M | $66M | 1.6% | 4.2% |
| Op. Income | $17M | $4M | $22M | 331.1% | -25.2% |
| Gross Margin | 71.4% | 48.2% | 77.5% | 23.2pp | -6.1pp |
| Net Margin | 17.9% | 3.9% | 24.3% | 14.0pp | -6.3pp |
| EPS (Diluted) | $0.40 | $0.09 | $0.50 | 344.4% | -20.0% |
| Free Cash Flow | $16M | $16M | $17M | -0.4% | -5.1% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $927.0K |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $14M |
| Operating Expenses | $33M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $17M |
| Interest Income | $62M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $2M |
| EBIT | $17M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $927.0K |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $14M |
| Operating Expenses | $33M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $17M |
| Interest Income | $62M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $2M |
| EBIT | $17M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $895.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$32M |
| Sales/Maturities of Investments | $52M |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $75M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$69M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $151M |
| Short-Term Investments | $622M |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $887M |
| PP&E (Net) | $27M |
| Goodwill | $0 |
| Intangible Assets | $12M |
| Long-Term Investments | $4.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $76M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.7B |
| TOTAL CURRENT LIABILITIES | $4.8B |
| Long-Term Debt | $193M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33.0K |
| TOTAL NON-CURRENT LIABILITIES | $193M |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $575M |
| Retained Earnings | $105M |
| Treasury Stock | -$109M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $575M |
| Minority Interest | $0 |
| TOTAL EQUITY | $575M |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $193M |
| Net Debt | $43M |
