| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $67M | $69M | $68M | -2.4% | -1.2% |
| Op. Income | $6M | $17M | $20M | -65.3% | -70.4% |
| Gross Margin | 59.2% | 71.4% | 71.6% | -12.3pp | -12.5pp |
| Net Margin | 4.6% | 17.9% | 16.7% | -13.4pp | -12.1pp |
| EPS (Diluted) | $0.10 | $0.40 | $0.37 | -75.0% | -73.0% |
| Free Cash Flow | $3M | $16M | $18M | -79.0% | -80.7% |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $18M |
| SG&A Expenses | $19M |
| Other Expenses | $15M |
| Operating Expenses | $34M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $6M |
| Interest Income | $60M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $3M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $18M |
| SG&A Expenses | $19M |
| Other Expenses | $15M |
| Operating Expenses | $34M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $6M |
| Interest Income | $60M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $3M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $859.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | $334.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$59M |
| Sales/Maturities of Investments | $45M |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | $15M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $122M |
| Short-Term Investments | $634M |
| Net Receivables | $524M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $26M |
| Goodwill | $11M |
| Intangible Assets | $842.0K |
| Long-Term Investments | $4.1B |
| Tax Assets | $37M |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $11M |
| Short-Term Debt | $15M |
| 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 | $66.0K |
| TOTAL NON-CURRENT LIABILITIES | $193M |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $576M |
| Retained Earnings | $101M |
| Treasury Stock | -$117M |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $563M |
| Minority Interest | $0 |
| TOTAL EQUITY | $563M |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $208M |
| Net Debt | $87M |
