| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | $40M | $37M | 8.1% | 15.4% |
| Op. Income | $11M | $12M | $13M | -7.2% | -11.0% |
| Gross Margin | 71.6% | 70.8% | 80.8% | 0.8pp | -9.1pp |
| Net Margin | 20.5% | 25.1% | 28.2% | -4.6pp | -7.7pp |
| EPS (Diluted) | $0.19 | $0.21 | $0.22 | -9.5% | -13.6% |
| Free Cash Flow | $9M | $10M | $13M | -3.0% | -30.4% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $764.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $7M |
| Operating Expenses | $19M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $11M |
| Interest Income | $39M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $764.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $7M |
| Operating Expenses | $19M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $11M |
| Interest Income | $39M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$922.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$377.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$150M |
| Sales/Maturities of Investments | $72M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$90M |
| Net Debt Issuance | -$44.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $92M |
| NET CASH FROM FINANCING | $88M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $86M |
| Short-Term Investments | $894M |
| Net Receivables | $13M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $993M |
| PP&E (Net) | $69M |
| Goodwill | $38M |
| Intangible Assets | $0 |
| Long-Term Investments | $3.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $216M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.4B |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $409M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $477M |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $609.0K |
| Additional Paid-In Capital | $547M |
| Retained Earnings | $307M |
| Treasury Stock | -$151M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | -$21M |
| TOTAL STOCKHOLDERS' EQUITY | $679M |
| Minority Interest | $0 |
| TOTAL EQUITY | $679M |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $457M |
| Net Debt | $371M |
