| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $13M | $13M | 3.6% | 9.1% |
| Op. Income | $5M | $4M | $4M | 12.3% | 5.5% |
| Gross Margin | 82.3% | 81.4% | 86.1% | 0.9pp | -3.8pp |
| Net Margin | 28.0% | 26.2% | 29.0% | 1.8pp | -1.0pp |
| EPS (Diluted) | $0.62 | $0.56 | $0.58 | 10.7% | 6.9% |
| Free Cash Flow | $5M | $5M | $5M | -6.8% | 1.4% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $3M |
| Operating Expenses | $7M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $5M |
| Interest Income | $12M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $775.0K |
| 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 | $275.0K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $3M |
| Operating Expenses | $7M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $5M |
| Interest Income | $12M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $775.0K |
| 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 | $275.0K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $275.0K |
| Stock-Based Compensation | $124.0K |
| Deferred Income Tax | -$151.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$132.0K |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$299.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | -$18M |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $211M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $236M |
| PP&E (Net) | $14M |
| Goodwill | $11M |
| Intangible Assets | $257.0K |
| Long-Term Investments | $897M |
| Tax Assets | $0 |
| Other Non-Current Assets | $57M |
| TOTAL NON-CURRENT ASSETS | $980M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $3M |
| Short-Term Debt | $53M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $974M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $36M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $51M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $632.0K |
| Additional Paid-In Capital | $49M |
| Retained Earnings | $85M |
| Treasury Stock | -$455.0K |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $135M |
| Minority Interest | $0 |
| TOTAL EQUITY | $135M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $89M |
| Net Debt | $68M |
