| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $83M | $79M | $72M | 4.7% | 15.4% |
| Op. Income | $23M | $16M | $18M | 40.0% | 24.5% |
| Gross Margin | 79.3% | 77.8% | 77.0% | 1.5pp | 2.3pp |
| Net Margin | 23.2% | 20.6% | 32.8% | 2.6pp | -9.6pp |
| EPS (Diluted) | $0.47 | $0.39 | $0.56 | 20.5% | -16.1% |
| Free Cash Flow | $40M | $31M | $25M | 28.5% | 59.2% |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $66M |
| R&D Expenses | $17M |
| Selling & Marketing | $17M |
| General & Administrative | $9M |
| SG&A Expenses | $26M |
| Other Expenses | -$328.0K |
| Operating Expenses | $43M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $23M |
| Interest Income | $2M |
| Interest Expense | $28.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $8M |
| EBIT | $24M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $66M |
| R&D Expenses | $17M |
| Selling & Marketing | $17M |
| General & Administrative | $9M |
| SG&A Expenses | $26M |
| Other Expenses | -$328.0K |
| Operating Expenses | $43M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $23M |
| Interest Income | $2M |
| Interest Expense | $28.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $8M |
| EBIT | $24M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$259.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$75M |
| Sales/Maturities of Investments | $71M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$437.0K |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$52M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $222M |
| Net Receivables | $61M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $380M |
| PP&E (Net) | $86M |
| Goodwill | $7M |
| Intangible Assets | $18M |
| Long-Term Investments | $101M |
| Tax Assets | $18M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $246M |
| TOTAL ASSETS | $626M |
| Account Payables | $909.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $180M |
| Other Current Liabilities | $528.0K |
| TOTAL CURRENT LIABILITIES | $214M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $20M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $304.0K |
| TOTAL NON-CURRENT LIABILITIES | $51M |
| TOTAL LIABILITIES | $265M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $345M |
| Retained Earnings | $13M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $361M |
| Minority Interest | $0 |
| TOTAL EQUITY | $361M |
| TOTAL LIABILITIES & EQUITY | $626M |
| Total Debt | $38M |
| Net Debt | -$38M |
