| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $61M | $63M | $61M | -3.6% | -1.3% |
| Op. Income | $28M | $27M | $27M | 4.0% | 2.9% |
| Gross Margin | 77.4% | 74.2% | 76.5% | 3.2pp | 0.9pp |
| Net Margin | 36.6% | 34.1% | 34.8% | 2.5pp | 1.8pp |
| EPS (Diluted) | $0.86 | $0.83 | $0.83 | 3.6% | 3.6% |
| Free Cash Flow | $26M | $25M | $27M | 5.4% | -4.1% |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $6M |
| Operating Expenses | $19M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $28M |
| Interest Income | $52M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $5M |
| 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 | $28M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $6M |
| Operating Expenses | $19M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $28M |
| Interest Income | $52M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $5M |
| 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 | $28M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $561.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $579.0K |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$38M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | -$43M |
| NET CASH FROM INVESTING | -$47M |
| Net Debt Issuance | $139M |
| Common Stock Repurchased | -$54.0K |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$150M |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $99M |
| Short-Term Investments | $608M |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $723M |
| PP&E (Net) | $60M |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $4.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $139M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.1B |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $170M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $203M |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $115M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $475M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | $12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $598M |
| Minority Interest | $89.0K |
| TOTAL EQUITY | $598M |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $170M |
| Net Debt | $71M |
