| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $102M | $103M | $80M | -0.4% | 28.2% |
| Op. Income | $63M | $64M | $45M | -1.8% | 38.8% |
| Gross Margin | 95.8% | 96.6% | 97.3% | -0.8pp | -1.5pp |
| Net Margin | 49.1% | 48.4% | 44.5% | 0.6pp | 4.6pp |
| EPS (Diluted) | $0.71 | $0.69 | $0.46 | 2.9% | 54.3% |
| Free Cash Flow | $66M | $49M | $44M | 34.1% | 50.9% |
| Item | Amount |
|---|---|
| REVENUE | $102M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $98M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $35M |
| Operating Expenses | $35M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $3M |
| EBIT | $66M |
| EBITDA | $68M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $102M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $98M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $35M |
| Operating Expenses | $35M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $3M |
| EBIT | $66M |
| EBITDA | $68M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$30.0K |
| OPERATING CASH FLOW | $69M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$75M |
| NET CASH FROM INVESTING | -$77M |
| Net Debt Issuance | -$375.0K |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $66M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $38M |
| PP&E (Net) | $32M |
| Goodwill | $3M |
| Intangible Assets | $60M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $146M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $289M |
| TOTAL NON-CURRENT LIABILITIES | $434M |
| TOTAL LIABILITIES | $434M |
| Common Stock | $684.0K |
| Additional Paid-In Capital | $707M |
| Retained Earnings | $205M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $930M |
| Minority Interest | $0 |
| TOTAL EQUITY | $930M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $146M |
| Net Debt | $107M |
