| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $18M | $14M | -0.1% | 31.9% |
| Op. Income | $6M | $5M | $5M | 25.3% | 36.5% |
| Gross Margin | 87.2% | 85.4% | 93.1% | 1.8pp | -5.8pp |
| Net Margin | 28.9% | 23.3% | 26.6% | 5.5pp | 2.3pp |
| EPS (Diluted) | $0.40 | $0.32 | $0.36 | 25.0% | 11.1% |
| Free Cash Flow | $8M | $5M | $5M | 71.3% | 63.6% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $321.0K |
| General & Administrative | $6M |
| SG&A Expenses | $7M |
| Other Expenses | $3M |
| Operating Expenses | $9M |
| Cost & Expenses | $12M |
| OPERATING INCOME | $6M |
| Interest Income | $16M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $847.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $321.0K |
| General & Administrative | $6M |
| SG&A Expenses | $7M |
| Other Expenses | $3M |
| Operating Expenses | $9M |
| Cost & Expenses | $12M |
| OPERATING INCOME | $6M |
| Interest Income | $16M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $847.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $847.0K |
| Stock-Based Compensation | $18.0K |
| Deferred Income Tax | $339.0K |
| Other Non-Cash Items | -$266.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$103.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$964.0K |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$30M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $80M |
| Common Stock Repurchased | -$348.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$70M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $228.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $238M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $259M |
| PP&E (Net) | $33M |
| Goodwill | $59M |
| Intangible Assets | $5M |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $14M |
| Short-Term Debt | $56M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $47M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$14M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $141M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $95M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $219M |
| Minority Interest | $0 |
| TOTAL EQUITY | $219M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $103M |
| Net Debt | $82M |
