| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $89M | $87M | $83M | 2.2% | 6.5% |
| Op. Income | $35M | $34M | $21M | 3.6% | 68.9% |
| Gross Margin | 82.7% | 83.7% | 85.1% | -1.0pp | -2.4pp |
| Net Margin | 30.7% | 29.5% | 19.2% | 1.1pp | 11.5pp |
| EPS (Diluted) | $0.52 | $0.49 | $0.31 | 6.1% | 67.7% |
| Free Cash Flow | $42M | $25M | $23M | 67.9% | 83.7% |
| Item | Amount |
|---|---|
| REVENUE | $89M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $885.0K |
| General & Administrative | $25M |
| SG&A Expenses | $26M |
| Other Expenses | $12M |
| Operating Expenses | $38M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $35M |
| Interest Income | $72M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $2M |
| EBIT | $35M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $89M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $885.0K |
| General & Administrative | $25M |
| SG&A Expenses | $26M |
| Other Expenses | $12M |
| Operating Expenses | $38M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $35M |
| Interest Income | $72M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $2M |
| EBIT | $35M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$269.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$145M |
| Sales/Maturities of Investments | $126M |
| Other Investing Activities | -$223M |
| NET CASH FROM INVESTING | -$243M |
| Net Debt Issuance | $265M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$18M |
| Other Financing Activities | -$73M |
| NET CASH FROM FINANCING | $192M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $128M |
| Short-Term Investments | $947M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $67M |
| Goodwill | $205M |
| Intangible Assets | $20M |
| Long-Term Investments | $5.5B |
| Tax Assets | $16M |
| Other Non-Current Assets | $280M |
| TOTAL NON-CURRENT ASSETS | $6.0B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $0 |
| Short-Term Debt | $86M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.6B |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $386M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $66M |
| TOTAL NON-CURRENT LIABILITIES | $452M |
| TOTAL LIABILITIES | $6.1B |
| Common Stock | $5M |
| Additional Paid-In Capital | $786M |
| Retained Earnings | $196M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $986M |
| Minority Interest | $0 |
| TOTAL EQUITY | $986M |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $472M |
| Net Debt | $344M |
