| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $76M | $70M | $58M | 7.9% | 31.6% |
| Op. Income | $19M | $17M | $10M | 12.6% | 79.2% |
| Gross Margin | 76.1% | 74.2% | 69.2% | 1.9pp | 6.9pp |
| Net Margin | 19.9% | 19.2% | 15.3% | 0.7pp | 4.6pp |
| EPS (Diluted) | $0.94 | $0.85 | $0.55 | 10.6% | 70.9% |
| Free Cash Flow | $14M | $19M | $3M | -24.6% | 359.8% |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $58M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $25M |
| SG&A Expenses | $26M |
| Other Expenses | $13M |
| Operating Expenses | $39M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $19M |
| Interest Income | $57M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| 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 | $2M |
| EBIT | $19M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $58M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $25M |
| SG&A Expenses | $26M |
| Other Expenses | $13M |
| Operating Expenses | $39M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $19M |
| Interest Income | $57M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| 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 | $2M |
| EBIT | $19M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $428.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $41M |
| Other Investing Activities | -$59M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | $105M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$941.0K |
| Other Financing Activities | -$69M |
| NET CASH FROM FINANCING | $36M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $280M |
| Short-Term Investments | $212M |
| Net Receivables | $92M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $584M |
| PP&E (Net) | $74M |
| Goodwill | $78M |
| Intangible Assets | $16M |
| Long-Term Investments | $4.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $250M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $0 |
| Short-Term Debt | $19M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.8B |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $302M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $650M |
| TOTAL NON-CURRENT LIABILITIES | $952M |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $16M |
| Additional Paid-In Capital | $273M |
| Retained Earnings | $231M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$414.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $520M |
| Minority Interest | $0 |
| TOTAL EQUITY | $520M |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $320M |
| Net Debt | $41M |
