| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $31M | $30M | 3.3% | 8.2% |
| Op. Income | $10M | $10M | $9M | 0.7% | 11.5% |
| Gross Margin | 62.7% | 63.4% | 60.8% | -0.7pp | 2.0pp |
| Net Margin | 24.9% | 23.5% | 23.2% | 1.5pp | 1.7pp |
| EPS (Diluted) | $0.31 | $0.29 | $0.27 | 6.9% | 14.8% |
| Free Cash Flow | $12M | $8M | $5M | 53.0% | 114.6% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $89.0K |
| Operating Expenses | $10M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $10M |
| Interest Income | $10.0K |
| Interest Expense | $510.0K |
| Other Income/Expenses | -$411.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $1M |
| EBIT | $10M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $89.0K |
| Operating Expenses | $10M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $10M |
| Interest Income | $10.0K |
| Interest Expense | $510.0K |
| Other Income/Expenses | -$411.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $1M |
| EBIT | $10M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $308.0K |
| Deferred Income Tax | $447.0K |
| Other Non-Cash Items | -$11.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$538.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$62.0K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $771.0K |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $14M |
| Goodwill | $58M |
| Intangible Assets | $2M |
| Long-Term Investments | -$7M |
| Tax Assets | $7M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $81M |
| TOTAL ASSETS | $108M |
| Account Payables | $777.0K |
| Short-Term Debt | $4M |
| Deferred Revenue | $19M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $38M |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $298.0K |
| TOTAL NON-CURRENT LIABILITIES | $40M |
| TOTAL LIABILITIES | $79M |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $161M |
| Retained Earnings | -$97M |
| Treasury Stock | -$32M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29M |
| Minority Interest | $0 |
| TOTAL EQUITY | $29M |
| TOTAL LIABILITIES & EQUITY | $108M |
| Total Debt | $35M |
| Net Debt | $27M |
