| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $105M | $108M | $105M | -2.7% | 0.5% |
| Op. Income | $20M | $34M | $39M | -40.6% | -47.7% |
| Gross Margin | 69.7% | 81.1% | 83.2% | -11.4pp | -13.5pp |
| Net Margin | 14.2% | 24.0% | 29.5% | -9.8pp | -15.3pp |
| EPS (Diluted) | $0.23 | $0.40 | $0.48 | -42.5% | -52.1% |
| Free Cash Flow | $32M | $26M | $31M | 20.9% | 3.0% |
| Item | Amount |
|---|---|
| REVENUE | $105M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $31M |
| SG&A Expenses | $33M |
| Other Expenses | $21M |
| Operating Expenses | $53M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $20M |
| Interest Income | $88M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $5M |
| EBIT | $20M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $105M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $31M |
| SG&A Expenses | $33M |
| Other Expenses | $21M |
| Operating Expenses | $53M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $20M |
| Interest Income | $88M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $5M |
| EBIT | $20M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$66M |
| Sales/Maturities of Investments | $82M |
| Other Investing Activities | -$41M |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $89M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $109M |
| NET CASH FROM FINANCING | $177M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $184M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $371M |
| Short-Term Investments | $990M |
| Net Receivables | $28M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $54M |
| Goodwill | $0 |
| Intangible Assets | $436M |
| Long-Term Investments | $7.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $463M |
| TOTAL NON-CURRENT ASSETS | $8.7B |
| TOTAL ASSETS | $10.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.2B |
| TOTAL CURRENT LIABILITIES | $7.2B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $219M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $8.7B |
| Common Stock | $832.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $686M |
| Treasury Stock | -$274M |
| Accum. Other Comp. Income | $15M |
| Other Equity | -$24M |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $10.1B |
| Total Debt | $1.2B |
| Net Debt | $843M |
