| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $6M | $7M | 12.6% | -11.4% |
| Op. Income | $4M | $3M | $4M | 29.0% | -11.3% |
| Gross Margin | 82.7% | 76.8% | 80.4% | 5.9pp | 2.3pp |
| Net Margin | 57.3% | 51.2% | 55.5% | 6.2pp | 1.8pp |
| EPS (Diluted) | $0.74 | $0.59 | $0.81 | 25.4% | -8.6% |
| Free Cash Flow | $5M | $3M | $5M | 78.0% | -2.0% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $5M |
| R&D Expenses | $973.1K |
| Selling & Marketing | $0 |
| General & Administrative | $330.0K |
| SG&A Expenses | $330.0K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $4M |
| Interest Income | $459.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $459.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $751.2K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $134.7K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $5M |
| R&D Expenses | $973.1K |
| Selling & Marketing | $0 |
| General & Administrative | $330.0K |
| SG&A Expenses | $330.0K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $4M |
| Interest Income | $459.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $459.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $751.2K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $134.7K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $134.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$664 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $796.1K |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$16.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $3M |
| Net Receivables | $3M |
| Inventory | $4M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $24M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $59M |
| Tax Assets | $194.7K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $60M |
| TOTAL ASSETS | $84M |
| Account Payables | $237.7K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $442.5K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $85.2K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $48.5K |
| Additional Paid-In Capital | $20M |
| Retained Earnings | $62M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $487.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $82M |
| Minority Interest | $0 |
| TOTAL EQUITY | $82M |
| TOTAL LIABILITIES & EQUITY | $84M |
| Total Debt | $258.0K |
| Net Debt | -$13M |
