| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | $40M | $32M | 7.5% | 34.5% |
| Op. Income | $7M | $6M | $7M | 4.9% | -3.6% |
| Gross Margin | 41.2% | 44.7% | 52.6% | -3.5pp | -11.4pp |
| Net Margin | 14.7% | 15.3% | 19.7% | -0.6pp | -5.0pp |
| EPS (Diluted) | $0.63 | $0.60 | $0.61 | 5.0% | 3.3% |
| Free Cash Flow | -$8M | -$29M | $7M | 71.9% | -214.7% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $456.0K |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $3M |
| Operating Expenses | $11M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $7M |
| Interest Income | $38M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $449.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $1M |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $456.0K |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $3M |
| Operating Expenses | $11M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $7M |
| Interest Income | $38M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $449.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $1M |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $416.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$729.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$71M |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$60M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$594.0K |
| Other Financing Activities | $142M |
| NET CASH FROM FINANCING | $136M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $68M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $416M |
| Short-Term Investments | $545M |
| Net Receivables | $1.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $15M |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $1.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $151M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.1B |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $584M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $584M |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $219M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $93M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $295M |
| Minority Interest | $0 |
| TOTAL EQUITY | $295M |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $584M |
| Net Debt | $168M |
