| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63M | $61M | $53M | 1.9% | 17.1% |
| Op. Income | $26M | $27M | $22M | -2.9% | 20.7% |
| Gross Margin | 73.7% | 76.5% | 75.4% | -2.8pp | -1.7pp |
| Net Margin | 34.6% | 34.8% | 34.3% | -0.1pp | 0.3pp |
| EPS (Diluted) | $0.84 | $0.83 | $0.71 | 1.2% | 18.3% |
| Free Cash Flow | $22M | $27M | $25M | -20.9% | -14.6% |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $6M |
| Operating Expenses | $20M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $26M |
| Interest Income | $53M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $2M |
| EBIT | $26M |
| EBITDA | $28M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $6M |
| Operating Expenses | $20M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $26M |
| Interest Income | $53M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $2M |
| EBIT | $26M |
| EBITDA | $28M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$696.0K |
| Change in Working Capital | -$66.0K |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$22M |
| Sales/Maturities of Investments | $30M |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$124M |
| Common Stock Repurchased | -$195.0K |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $101M |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $189M |
| Short-Term Investments | $596M |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $802M |
| PP&E (Net) | $59M |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $3.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $134M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $12M |
| Short-Term Debt | $122M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.1B |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $67M |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $112M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $433M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $543M |
| Minority Interest | $89.0K |
| TOTAL EQUITY | $543M |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $153M |
| Net Debt | -$36M |
