| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $56M | $52M | $47M | 9.1% | 19.1% |
| Op. Income | $16M | $14M | $14M | 16.9% | 13.6% |
| Gross Margin | 74.0% | 71.1% | 79.0% | 2.8pp | -5.0pp |
| Net Margin | 20.3% | 20.8% | 22.9% | -0.5pp | -2.6pp |
| EPS (Diluted) | $0.58 | $0.55 | $0.57 | 5.5% | 1.8% |
| Free Cash Flow | $32M | $7M | $14M | 386.4% | 129.2% |
| Item | Amount |
|---|---|
| REVENUE | $56M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $359.0K |
| General & Administrative | $17M |
| SG&A Expenses | $18M |
| Other Expenses | $8M |
| Operating Expenses | $26M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $16M |
| Interest Income | $45M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $970.0K |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $56M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $359.0K |
| General & Administrative | $17M |
| SG&A Expenses | $18M |
| Other Expenses | $8M |
| Operating Expenses | $26M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $16M |
| Interest Income | $45M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $970.0K |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $970.0K |
| Stock-Based Compensation | $45.0K |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $540.0K |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$173.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$53M |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | $33M |
| NET CASH FROM INVESTING | $28M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$964.0K |
| Common Dividends Paid | -$967.0K |
| Other Financing Activities | $24M |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $240M |
| Short-Term Investments | $384M |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $636M |
| PP&E (Net) | $34M |
| Goodwill | $24M |
| Intangible Assets | $8M |
| Long-Term Investments | $3.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $92M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $188M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $3.9B |
| TOTAL NON-CURRENT LIABILITIES | $216M |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $17M |
| Additional Paid-In Capital | $310M |
| Retained Earnings | $166M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $481M |
| Minority Interest | $0 |
| TOTAL EQUITY | $481M |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $204M |
| Net Debt | -$36M |
