| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $37M | $36M | 9.6% | 14.5% |
| Op. Income | $16M | $12M | $13M | 31.6% | 26.2% |
| Gross Margin | 87.2% | 85.8% | 87.6% | 1.4pp | -0.3pp |
| Net Margin | 29.8% | 24.9% | 27.0% | 4.9pp | 2.8pp |
| EPS (Diluted) | $0.40 | $0.31 | $0.32 | 29.0% | 25.0% |
| Free Cash Flow | -$3M | $26M | $12M | -112.4% | -128.1% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $360.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $5M |
| Operating Expenses | $19M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $16M |
| Interest Income | $29M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $748.0K |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $360.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $5M |
| Operating Expenses | $19M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $16M |
| Interest Income | $29M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $748.0K |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $748.0K |
| Stock-Based Compensation | $664.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$940.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$53M |
| Sales/Maturities of Investments | $62M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$40.0K |
| Common Dividends Paid | -$299.0K |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $488M |
| Net Receivables | $108M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $651M |
| PP&E (Net) | $43M |
| Goodwill | $21M |
| Intangible Assets | $5M |
| Long-Term Investments | $1.8B |
| Tax Assets | $13M |
| Other Non-Current Assets | $104M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $0 |
| Short-Term Debt | $133M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $111M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $137M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $35M |
| Additional Paid-In Capital | $120M |
| Retained Earnings | $204M |
| Treasury Stock | -$96M |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $270M |
| Minority Interest | $0 |
| TOTAL EQUITY | $270M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $244M |
| Net Debt | $190M |
