| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $99M | $107M | $88M | -8.2% | 11.7% |
| Op. Income | $51M | $47M | $45M | 9.0% | 14.9% |
| Gross Margin | 71.3% | 67.3% | 68.5% | 4.0pp | 2.8pp |
| Net Margin | 41.6% | 35.0% | 41.0% | 6.6pp | 0.6pp |
| EPS (Diluted) | $0.76 | $0.69 | $0.67 | 10.1% | 13.4% |
| Free Cash Flow | $61M | $41M | $51M | 47.0% | 17.7% |
| Item | Amount |
|---|---|
| REVENUE | $99M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $581.0K |
| General & Administrative | $15M |
| SG&A Expenses | $16M |
| Other Expenses | $3M |
| Operating Expenses | $19M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $51M |
| Interest Income | $98M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $975.0K |
| EBIT | $51M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $99M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $581.0K |
| General & Administrative | $15M |
| SG&A Expenses | $16M |
| Other Expenses | $3M |
| Operating Expenses | $19M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $51M |
| Interest Income | $98M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $975.0K |
| EBIT | $51M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $975.0K |
| Stock-Based Compensation | $319.0K |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$834.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$108M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | -$304M |
| NET CASH FROM INVESTING | -$377M |
| Net Debt Issuance | $101M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$194M |
| NET CASH FROM FINANCING | -$101M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | -$416M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $530M |
| Short-Term Investments | $759M |
| Net Receivables | $26M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $56M |
| Goodwill | $0 |
| Intangible Assets | $14M |
| Long-Term Investments | $7.2B |
| Tax Assets | $26M |
| Other Non-Current Assets | $344M |
| TOTAL NON-CURRENT ASSETS | $7.6B |
| TOTAL ASSETS | $8.9B |
| Account Payables | $12M |
| Short-Term Debt | $471M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.5B |
| TOTAL CURRENT LIABILITIES | $8.0B |
| Long-Term Debt | $65M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $92M |
| TOTAL LIABILITIES | $8.1B |
| Common Stock | $54.0K |
| Additional Paid-In Capital | $220M |
| Retained Earnings | $617M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $842M |
| Minority Interest | $502.0K |
| TOTAL EQUITY | $843M |
| TOTAL LIABILITIES & EQUITY | $8.9B |
| Total Debt | $535M |
| Net Debt | $5M |
