| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $41M | $36M | -10.5% | 3.0% |
| Op. Income | $12M | $16M | $12M | -23.2% | 7.7% |
| Gross Margin | 87.3% | 87.2% | 85.4% | 0.1pp | 2.0pp |
| Net Margin | 26.1% | 29.8% | 24.3% | -3.7pp | 1.8pp |
| EPS (Diluted) | $0.31 | $0.40 | $0.28 | -22.5% | 10.7% |
| Free Cash Flow | $13M | -$3M | $15M | 501.7% | -10.2% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $250.0K |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $6M |
| Operating Expenses | $19M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $12M |
| Interest Income | $28M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $722.0K |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $250.0K |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $6M |
| Operating Expenses | $19M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $12M |
| Interest Income | $28M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $722.0K |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $722.0K |
| Stock-Based Compensation | $611.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$523.0K |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | -$29M |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | -$38M |
| Common Stock Repurchased | -$196.0K |
| Common Dividends Paid | -$299.0K |
| Other Financing Activities | $52M |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $485M |
| Net Receivables | $120M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $655M |
| PP&E (Net) | $44M |
| Goodwill | $21M |
| Intangible Assets | $6M |
| Long-Term Investments | $1.8B |
| Tax Assets | $11M |
| Other Non-Current Assets | $103M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $0 |
| Short-Term Debt | $97M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $109M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $134M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $35M |
| Additional Paid-In Capital | $121M |
| Retained Earnings | $214M |
| Treasury Stock | -$96M |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $278M |
| Minority Interest | $0 |
| TOTAL EQUITY | $278M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $206M |
| Net Debt | $155M |
