| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $57M | $60M | $59M | -4.1% | -2.1% |
| Op. Income | $28M | $28M | $27M | -1.2% | 5.5% |
| Gross Margin | 72.9% | 70.9% | 68.5% | 2.0pp | 4.5pp |
| Net Margin | 34.2% | 33.5% | 31.8% | 0.7pp | 2.4pp |
| EPS (Diluted) | $1.32 | $1.32 | $1.23 | 0.0% | 7.3% |
| Free Cash Flow | $20M | $29M | $24M | -30.4% | -16.1% |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $3M |
| Operating Expenses | $14M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $28M |
| Interest Income | $55M |
| Interest Expense | $15M |
| 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 | $19M |
| D&A | $453.0K |
| EBIT | $28M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $3M |
| Operating Expenses | $14M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $28M |
| Interest Income | $55M |
| Interest Expense | $15M |
| 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 | $19M |
| D&A | $453.0K |
| EBIT | $28M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $453.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$251.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$251.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | -$43M |
| NET CASH FROM INVESTING | -$51M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $114M |
| NET CASH FROM FINANCING | $102M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $70M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $499M |
| Short-Term Investments | $241M |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $758M |
| PP&E (Net) | $29M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.7B |
| Tax Assets | $20M |
| Other Non-Current Assets | $74M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.0B |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $99M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $52M |
| TOTAL NON-CURRENT LIABILITIES | $172M |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $211M |
| Additional Paid-In Capital | $55M |
| Retained Earnings | $255M |
| Treasury Stock | -$55M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $470M |
| Minority Interest | $0 |
| TOTAL EQUITY | $470M |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $120M |
| Net Debt | -$379M |
