| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $19M | $17M | 1.0% | 7.5% |
| Op. Income | $4M | $4M | $4M | -1.2% | 12.6% |
| Gross Margin | 75.5% | 77.7% | 79.4% | -2.1pp | -3.9pp |
| Net Margin | 18.8% | 19.9% | 15.6% | -1.1pp | 3.2pp |
| EPS (Diluted) | $0.44 | $0.46 | $0.34 | -4.3% | 29.4% |
| Free Cash Flow | $9M | $2M | $3M | 375.7% | 231.8% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $52.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $5M |
| Operating Expenses | $10M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $4M |
| Interest Income | $17M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $476.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $817.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $52.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $5M |
| Operating Expenses | $10M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $4M |
| Interest Income | $17M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $476.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $817.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $817.0K |
| Stock-Based Compensation | $163.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$371.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | $20M |
| Net Debt Issuance | -$19M |
| Common Stock Repurchased | -$906.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73M |
| Short-Term Investments | $495M |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $575M |
| PP&E (Net) | $28M |
| Goodwill | $48M |
| Intangible Assets | $169.0K |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $14M |
| Short-Term Debt | $40M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $300M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $300M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $140M |
| Additional Paid-In Capital | $140M |
| Retained Earnings | $57M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | -$135M |
| TOTAL STOCKHOLDERS' EQUITY | $196M |
| Minority Interest | $0 |
| TOTAL EQUITY | $196M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $340M |
| Net Debt | $267M |
