| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | $60M | $52M | -0.0% | 15.4% |
| Op. Income | $28M | $28M | $25M | 0.3% | 11.7% |
| Gross Margin | 70.9% | 70.6% | 74.9% | 0.3pp | -3.9pp |
| Net Margin | 33.5% | 33.4% | 35.3% | 0.1pp | -1.9pp |
| EPS (Diluted) | $1.32 | $1.31 | $1.20 | 0.8% | 10.0% |
| Free Cash Flow | $29M | $13M | $32M | 126.1% | -9.2% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $4M |
| Operating Expenses | $14M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $28M |
| Interest Income | $58M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $393.0K |
| EBIT | $28M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $4M |
| Operating Expenses | $14M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $28M |
| Interest Income | $58M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $393.0K |
| EBIT | $28M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $393.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$74.0K |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$31M |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | -$85M |
| NET CASH FROM INVESTING | -$92M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $192M |
| NET CASH FROM FINANCING | $177M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $114M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $409M |
| Short-Term Investments | $243M |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $670M |
| PP&E (Net) | $30M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.7B |
| Tax Assets | $17M |
| Other Non-Current Assets | $93M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $99M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $161M |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $211M |
| Additional Paid-In Capital | $51M |
| Retained Earnings | $240M |
| Treasury Stock | -$47M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $459M |
| Minority Interest | $0 |
| TOTAL EQUITY | $459M |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $120M |
| Net Debt | -$289M |
