| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $22M | $21M | 4.2% | 9.1% |
| Op. Income | $8M | $7M | $8M | 22.0% | 10.5% |
| Gross Margin | 87.0% | 85.7% | 88.1% | 1.3pp | -1.0pp |
| Net Margin | 29.9% | 25.2% | 29.3% | 4.7pp | 0.6pp |
| EPS (Diluted) | $0.93 | $0.78 | $0.85 | 19.2% | 9.4% |
| Free Cash Flow | $11M | -$872.0K | $8M | 1409.5% | 49.1% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $216.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $8M |
| Interest Income | $19M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $1M |
| 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 | $749.0K |
| EBIT | $8M |
| EBITDA | $9M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $216.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $8M |
| Interest Income | $19M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $1M |
| 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 | $749.0K |
| EBIT | $8M |
| EBITDA | $9M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $749.0K |
| Stock-Based Compensation | $78.0K |
| Deferred Income Tax | -$45.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$228.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$74M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$44M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $42M |
| NET CASH FROM FINANCING | $37M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $106M |
| Short-Term Investments | $342M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $453M |
| PP&E (Net) | $44M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $1.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $68M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $177M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $274.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $245M |
| Minority Interest | $0 |
| TOTAL EQUITY | $245M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $5M |
| Net Debt | -$102M |
