| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | $58M | $51M | 4.7% | 18.1% |
| Op. Income | $17M | $15M | $14M | 16.5% | 21.6% |
| Gross Margin | 72.4% | 71.4% | 75.5% | 1.0pp | -3.1pp |
| Net Margin | 20.3% | 20.0% | 21.0% | 0.2pp | -0.7pp |
| EPS (Diluted) | $0.63 | $0.59 | $0.56 | 6.8% | 12.5% |
| Free Cash Flow | $23M | $12M | $26M | 92.4% | -12.4% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $337.0K |
| General & Administrative | $17M |
| SG&A Expenses | $18M |
| Other Expenses | $9M |
| Operating Expenses | $26M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $17M |
| Interest Income | $46M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $1M |
| EBIT | $17M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $337.0K |
| General & Administrative | $17M |
| SG&A Expenses | $18M |
| Other Expenses | $9M |
| Operating Expenses | $26M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $17M |
| Interest Income | $46M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $1M |
| EBIT | $17M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $42.0K |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$543.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$48M |
| Sales/Maturities of Investments | $74M |
| Other Investing Activities | -$141M |
| NET CASH FROM INVESTING | -$115M |
| Net Debt Issuance | $67M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$973.0K |
| Other Financing Activities | -$34M |
| NET CASH FROM FINANCING | $15M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | -$77M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $227M |
| Short-Term Investments | $350M |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $589M |
| PP&E (Net) | $36M |
| Goodwill | $34M |
| Intangible Assets | $7M |
| Long-Term Investments | $4.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $125M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $0 |
| Short-Term Debt | $67M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.1B |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $188M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $226M |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $17M |
| Additional Paid-In Capital | $318M |
| Retained Earnings | $188M |
| Treasury Stock | -$26M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $495M |
| Minority Interest | $0 |
| TOTAL EQUITY | $495M |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $274M |
| Net Debt | $47M |
