| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $12M | $11M | 4.5% | 9.9% |
| Op. Income | $6M | $5M | $5M | 5.9% | 8.4% |
| Gross Margin | 93.9% | 94.3% | 94.6% | -0.4pp | -0.7pp |
| Net Margin | 32.9% | 32.8% | 33.4% | 0.2pp | -0.5pp |
| EPS (Diluted) | $0.77 | $0.73 | $0.71 | 5.5% | 8.5% |
| Free Cash Flow | $4M | $838.0K | $7M | 414.1% | -38.1% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $740.0K |
| 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 | $6M |
| Interest Income | $10M |
| Interest Expense | $440.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| 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 | $343.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $740.0K |
| 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 | $6M |
| Interest Income | $10M |
| Interest Expense | $440.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| 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 | $343.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $343.0K |
| Stock-Based Compensation | $50.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $274.0K |
| Change in Working Capital | $84.0K |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$445.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $44M |
| NET CASH FROM FINANCING | $44M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $78M |
| Short-Term Investments | $170M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $262M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $598M |
| Tax Assets | $0 |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $627M |
| TOTAL ASSETS | $889M |
| Account Payables | $7M |
| Short-Term Debt | $13M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $776M |
| TOTAL CURRENT LIABILITIES | $796M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $807M |
| Common Stock | $7M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $72M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $82M |
| Minority Interest | $0 |
| TOTAL EQUITY | $82M |
| TOTAL LIABILITIES & EQUITY | $889M |
| Total Debt | $24M |
| Net Debt | -$54M |
