| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47M | $48M | $40M | -1.6% | 18.3% |
| Op. Income | $13M | $18M | $12M | -26.8% | 7.4% |
| Gross Margin | 68.1% | 73.3% | 70.8% | -5.1pp | -2.7pp |
| Net Margin | 21.6% | 27.6% | 25.1% | -6.0pp | -3.5pp |
| EPS (Diluted) | $0.21 | $0.28 | $0.21 | -25.0% | 0.0% |
| Free Cash Flow | $16M | $17M | $10M | -3.1% | 70.8% |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $601.0K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $8M |
| Operating Expenses | $19M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $13M |
| Interest Income | $42M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $3M |
| EBIT | $13M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $601.0K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $8M |
| Operating Expenses | $19M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $13M |
| Interest Income | $42M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $3M |
| EBIT | $13M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$945.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$180M |
| Sales/Maturities of Investments | $99M |
| Other Investing Activities | -$90M |
| NET CASH FROM INVESTING | -$172M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$116.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $238M |
| NET CASH FROM FINANCING | $233M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $148M |
| Short-Term Investments | $1.1B |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $65M |
| Goodwill | $38M |
| Intangible Assets | $0 |
| Long-Term Investments | $3.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $230M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $0 |
| Short-Term Debt | $75M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.4B |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $782M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $846M |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $609.0K |
| Additional Paid-In Capital | $548M |
| Retained Earnings | $323M |
| Treasury Stock | -$161M |
| Accum. Other Comp. Income | $5M |
| Other Equity | -$20M |
| TOTAL STOCKHOLDERS' EQUITY | $696M |
| Minority Interest | $0 |
| TOTAL EQUITY | $696M |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $901M |
| Net Debt | $753M |
