| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $11M | $11M | 7.9% | 5.5% |
| Op. Income | $478.0K | -$1M | -$4M | 137.5% | 113.5% |
| Gross Margin | 99.5% | 99.4% | 99.7% | 0.1pp | -0.2pp |
| Net Margin | 8.5% | -13.1% | -28.9% | 21.6pp | 37.5pp |
| EPS (Diluted) | $0.03 | $-0.04 | $-0.10 | 168.6% | 130.0% |
| Free Cash Flow | -$3M | -$7M | -$6M | 51.5% | 40.1% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $53.0K |
| GROSS PROFIT | $11M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $8M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $478.0K |
| Interest Income | $681.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $772.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $271.0K |
| Net Income from Continuing Ops | $979.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $979.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $979.0K |
| D&A | $2M |
| EBIT | $478.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $53.0K |
| GROSS PROFIT | $11M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $8M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $478.0K |
| Interest Income | $681.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $772.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $271.0K |
| Net Income from Continuing Ops | $979.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $979.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $979.0K |
| D&A | $2M |
| EBIT | $478.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $979.0K |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $326.0K |
| Other Non-Cash Items | $676.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$138.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$107.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $86M |
| Short-Term Investments | $3M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $107M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $470.0K |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $125M |
| Account Payables | $809.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $26M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $41M |
| Common Stock | $253M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$119M |
| Treasury Stock | -$51M |
| Accum. Other Comp. Income | $124.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $84M |
| Minority Interest | $0 |
| TOTAL EQUITY | $84M |
| TOTAL LIABILITIES & EQUITY | $125M |
| Total Debt | $1M |
| Net Debt | -$85M |
