| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $15M | $14M | -0.7% | 6.0% |
| Op. Income | $6M | $5M | $5M | 3.8% | 10.4% |
| Gross Margin | 95.7% | 94.3% | 95.9% | 1.3pp | -0.3pp |
| Net Margin | 29.0% | 27.8% | 10.7% | 1.3pp | 18.4pp |
| EPS (Diluted) | $0.19 | $0.19 | $0.07 | 0.0% | 171.4% |
| Free Cash Flow | $7M | $9M | $2M | -18.4% | 363.7% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $656.0K |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $151.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $3M |
| Operating Expenses | $9M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $6M |
| Interest Income | $12M |
| Interest Expense | $656.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| 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 | $641.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $656.0K |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $151.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $3M |
| Operating Expenses | $9M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $6M |
| Interest Income | $12M |
| Interest Expense | $656.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| 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 | $641.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $641.0K |
| Stock-Based Compensation | $12.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$551.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$110.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $35M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$792.0K |
| Other Financing Activities | -$40M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $182M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $214M |
| PP&E (Net) | $15M |
| Goodwill | $27M |
| Intangible Assets | $1M |
| Long-Term Investments | $857M |
| Tax Assets | $5M |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $937M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $944M |
| TOTAL CURRENT LIABILITIES | $959M |
| Long-Term Debt | $61M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $192.0K |
| TOTAL NON-CURRENT LIABILITIES | $64M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $226.0K |
| Additional Paid-In Capital | $65M |
| Retained Earnings | $67M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $128M |
| Minority Interest | $0 |
| TOTAL EQUITY | $128M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $64M |
| Net Debt | $39M |
