| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $76M | $72M | $68M | 5.2% | 11.1% |
| Op. Income | $22M | $21M | $10M | 8.1% | 119.4% |
| Gross Margin | 87.1% | 86.7% | 92.4% | 0.4pp | -5.3pp |
| Net Margin | 24.9% | 23.9% | 12.4% | 1.0pp | 12.5pp |
| EPS (Diluted) | $0.60 | $0.55 | $0.27 | 9.1% | 122.2% |
| Free Cash Flow | -$5M | $49M | $9M | -110.8% | -161.7% |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $986.0K |
| General & Administrative | $31M |
| SG&A Expenses | $32M |
| Other Expenses | $12M |
| Operating Expenses | $44M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $22M |
| Interest Income | $59M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $3M |
| EBIT | $22M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $986.0K |
| General & Administrative | $31M |
| SG&A Expenses | $32M |
| Other Expenses | $12M |
| Operating Expenses | $44M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $22M |
| Interest Income | $59M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $3M |
| EBIT | $22M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $375.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$17M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $62M |
| Other Investing Activities | -$155M |
| NET CASH FROM INVESTING | -$95M |
| Net Debt Issuance | -$73M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $172M |
| NET CASH FROM FINANCING | $94M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $105M |
| Short-Term Investments | $750M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $854M |
| PP&E (Net) | $110M |
| Goodwill | $115M |
| Intangible Assets | $13M |
| Long-Term Investments | $4.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $219M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $5.8B |
| Account Payables | $0 |
| Short-Term Debt | $60M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.7B |
| TOTAL CURRENT LIABILITIES | $4.8B |
| Long-Term Debt | $228M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $85M |
| TOTAL NON-CURRENT LIABILITIES | $314M |
| TOTAL LIABILITIES | $5.1B |
| Common Stock | $515.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $121M |
| Treasury Stock | -$413M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $715M |
| Minority Interest | $0 |
| TOTAL EQUITY | $715M |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $288M |
| Net Debt | $183M |
