| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $11M | $10M | 5.5% | 14.5% |
| Op. Income | $5M | $5M | $4M | 8.1% | 18.8% |
| Gross Margin | 92.9% | 94.6% | 95.5% | -1.8pp | -2.6pp |
| Net Margin | 32.4% | 31.9% | 31.9% | 0.4pp | 0.5pp |
| EPS (Diluted) | $0.73 | $0.68 | $0.63 | 7.4% | 15.9% |
| Free Cash Flow | $7M | $2M | $3M | 179.2% | 135.9% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $840.0K |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $2M |
| Operating Expenses | $6M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $5M |
| Interest Income | $10M |
| Interest Expense | $440.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $355.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $840.0K |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $2M |
| Operating Expenses | $6M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $5M |
| Interest Income | $10M |
| Interest Expense | $440.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $355.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $355.0K |
| Stock-Based Compensation | $50.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $101.0K |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$202.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $286.0K |
| NET CASH FROM FINANCING | $286.0K |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $173M |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $233M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $570M |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $598M |
| TOTAL ASSETS | $831M |
| Account Payables | $9M |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $731M |
| TOTAL CURRENT LIABILITIES | $748M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $759M |
| Common Stock | $7M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $66M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$186.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $73M |
| Minority Interest | $0 |
| TOTAL EQUITY | $73M |
| TOTAL LIABILITIES & EQUITY | $831M |
| Total Debt | $19M |
| Net Debt | -$26M |
