| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39M | $38M | $33M | 4.5% | 18.2% |
| Op. Income | $10M | $10M | $9M | 3.3% | 16.8% |
| Gross Margin | 81.5% | 84.1% | 89.1% | -2.6pp | -7.7pp |
| Net Margin | 20.4% | 20.7% | -32.0% | -0.3pp | 52.4pp |
| EPS (Diluted) | $0.43 | $0.41 | $-0.59 | 4.9% | 172.9% |
| Free Cash Flow | -$7M | $7M | $3M | -199.1% | -301.7% |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $402.0K |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $6M |
| Operating Expenses | $22M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $10M |
| Interest Income | $34M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | -$2.0K |
| BOTTOM LINE NET INCOME | $8M |
| D&A | -$378.0K |
| EBIT | $10M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $402.0K |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $6M |
| Operating Expenses | $22M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $10M |
| Interest Income | $34M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | -$2.0K |
| BOTTOM LINE NET INCOME | $8M |
| D&A | -$378.0K |
| EBIT | $10M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | -$378.0K |
| Stock-Based Compensation | $725.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$30M |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | $13M |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $55M |
| NET CASH FROM FINANCING | $55M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $363M |
| Short-Term Investments | $150M |
| Net Receivables | $122M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $634M |
| PP&E (Net) | $67M |
| Goodwill | $26M |
| Intangible Assets | $3M |
| Long-Term Investments | $2.5B |
| Tax Assets | $29M |
| Other Non-Current Assets | $142M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $688M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $744M |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $185.0K |
| Additional Paid-In Capital | $204M |
| Retained Earnings | $215M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | -$7M |
| TOTAL STOCKHOLDERS' EQUITY | $411M |
| Minority Interest | $0 |
| TOTAL EQUITY | $411M |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $690M |
| Net Debt | $327M |
