| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $19M | $17M | -2.0% | 6.8% |
| Op. Income | $4M | $4M | $4M | -4.0% | 3.2% |
| Gross Margin | 76.5% | 75.5% | 78.0% | 1.0pp | -1.5pp |
| Net Margin | 19.0% | 18.8% | 20.1% | 0.2pp | -1.1pp |
| EPS (Diluted) | $0.43 | $0.44 | $0.43 | -2.3% | 0.0% |
| Free Cash Flow | $3M | $9M | $5M | -70.9% | -49.3% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $142.0K |
| General & Administrative | $6M |
| SG&A Expenses | $7M |
| Other Expenses | $4M |
| Operating Expenses | $10M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $4M |
| Interest Income | $16M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $349.0K |
| 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 | $794.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $142.0K |
| General & Administrative | $6M |
| SG&A Expenses | $7M |
| Other Expenses | $4M |
| Operating Expenses | $10M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $4M |
| Interest Income | $16M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $349.0K |
| 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 | $794.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $794.0K |
| Stock-Based Compensation | $131.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $533.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$340.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$29M |
| Common Stock Repurchased | -$818.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | -$45M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $495M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $523M |
| PP&E (Net) | $27M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $46M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $15M |
| Short-Term Debt | $32M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $280M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $280M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $141M |
| Additional Paid-In Capital | $141M |
| Retained Earnings | $59M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | -$136M |
| TOTAL STOCKHOLDERS' EQUITY | $202M |
| Minority Interest | $0 |
| TOTAL EQUITY | $202M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $312M |
| Net Debt | $291M |
