| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $83M | $85M | $82M | -2.5% | 1.0% |
| Op. Income | $16M | $17M | $21M | -3.6% | -23.0% |
| Gross Margin | 74.6% | 76.6% | 79.9% | -2.0pp | -5.3pp |
| Net Margin | 15.4% | 14.9% | 19.9% | 0.5pp | -4.5pp |
| EPS (Diluted) | $0.51 | $0.51 | $0.67 | 0.0% | -23.9% |
| Free Cash Flow | $16M | $392M | $30M | -95.9% | -46.0% |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $62M |
| R&D Expenses | $0 |
| Selling & Marketing | $760.0K |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $21M |
| Operating Expenses | $46M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $16M |
| Interest Income | $64M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | -$346.0K |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $5M |
| EBIT | $16M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $62M |
| R&D Expenses | $0 |
| Selling & Marketing | $760.0K |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $21M |
| Operating Expenses | $46M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $16M |
| Interest Income | $64M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | -$346.0K |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $5M |
| EBIT | $16M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $573.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $25M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$80M |
| Sales/Maturities of Investments | $93M |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$374.0K |
| Net Debt Issuance | -$125M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $101M |
| NET CASH FROM FINANCING | -$32M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $393M |
| Short-Term Investments | $649M |
| Net Receivables | $349M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $105M |
| Goodwill | $172M |
| Intangible Assets | $89M |
| Long-Term Investments | $4.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $221M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $6M |
| Short-Term Debt | $82M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.5B |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $670M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $96M |
| TOTAL NON-CURRENT LIABILITIES | $792M |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $244.0K |
| Additional Paid-In Capital | $488M |
| Retained Earnings | $166M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $662M |
| Minority Interest | $0 |
| TOTAL EQUITY | $662M |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $767M |
| Net Debt | $374M |
