| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27M | $27M | $26M | 0.6% | 7.2% |
| Op. Income | $5M | $8M | $7M | -32.7% | -24.9% |
| Gross Margin | 69.6% | 81.3% | 80.6% | -11.8pp | -11.0pp |
| Net Margin | 18.3% | 26.2% | 24.9% | -7.9pp | -6.6pp |
| EPS (Diluted) | $0.92 | $0.97 | $0.86 | -5.2% | 7.0% |
| Free Cash Flow | $8M | $9M | $6M | -10.1% | 37.5% |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $6M |
| Operating Expenses | $14M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $5M |
| Interest Income | $24M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $446.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $1M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $6M |
| Operating Expenses | $14M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $5M |
| Interest Income | $24M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $446.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $1M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $157.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$74M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$67M |
| NET CASH FROM INVESTING | -$130M |
| Net Debt Issuance | $132M |
| Common Stock Repurchased | -$13.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | $100M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $330M |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $369M |
| PP&E (Net) | $48M |
| Goodwill | $63M |
| Intangible Assets | $2M |
| Long-Term Investments | $1.9B |
| Tax Assets | $3M |
| Other Non-Current Assets | $46M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $1M |
| Short-Term Debt | $152M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.0B |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $33M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $51M |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $15M |
| Additional Paid-In Capital | $135M |
| Retained Earnings | $152M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $299M |
| Minority Interest | $0 |
| TOTAL EQUITY | $299M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $185M |
| Net Debt | $154M |
