| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63M | $60M | $59M | 4.0% | 7.0% |
| Op. Income | $5M | $3M | $3M | 75.9% | 68.6% |
| Gross Margin | 81.7% | 82.4% | 82.5% | -0.7pp | -0.8pp |
| Net Margin | 11.3% | 6.2% | 5.3% | 5.1pp | 6.0pp |
| EPS (Diluted) | $0.15 | $0.08 | $0.06 | 95.1% | 133.6% |
| Free Cash Flow | $18M | $3M | $7M | 568.3% | 155.0% |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $51M |
| R&D Expenses | $15M |
| Selling & Marketing | $27M |
| General & Administrative | $4M |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $5M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | -$257.0K |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $3M |
| EBIT | $5M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $51M |
| R&D Expenses | $15M |
| Selling & Marketing | $27M |
| General & Administrative | $4M |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $5M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | -$257.0K |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $3M |
| EBIT | $5M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $141.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $73.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $182M |
| Net Receivables | $12M |
| Inventory | $15M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $259M |
| PP&E (Net) | $42M |
| Goodwill | $0 |
| Intangible Assets | $56M |
| Long-Term Investments | $207M |
| Tax Assets | $2M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $329M |
| TOTAL ASSETS | $587M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $82M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $119M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $55M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $81M |
| TOTAL LIABILITIES | $201M |
| Common Stock | $707.0K |
| Additional Paid-In Capital | $408M |
| Retained Earnings | $117M |
| Treasury Stock | -$140M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $387M |
| Minority Interest | $0 |
| TOTAL EQUITY | $387M |
| TOTAL LIABILITIES & EQUITY | $587M |
| Total Debt | $20M |
| Net Debt | -$20M |
