| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $71M | $69M | $63M | 3.5% | 12.8% |
| Op. Income | $11M | $9M | $8M | 17.2% | 32.4% |
| Gross Margin | 67.2% | 65.4% | 67.5% | 1.8pp | -0.3pp |
| Net Margin | 12.6% | 12.8% | 12.8% | -0.2pp | -0.2pp |
| EPS (Diluted) | $0.25 | $0.24 | $0.23 | 4.2% | 8.7% |
| Free Cash Flow | $18M | $17M | $12M | 7.4% | 53.4% |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $48M |
| R&D Expenses | $8M |
| Selling & Marketing | $17M |
| General & Administrative | $11M |
| SG&A Expenses | $28M |
| Other Expenses | -$165.0K |
| Operating Expenses | $37M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $11M |
| Interest Income | $843.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $700.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $4M |
| EBIT | $11M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $48M |
| R&D Expenses | $8M |
| Selling & Marketing | $17M |
| General & Administrative | $11M |
| SG&A Expenses | $28M |
| Other Expenses | -$165.0K |
| Operating Expenses | $37M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $11M |
| Interest Income | $843.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $700.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $4M |
| EBIT | $11M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $709.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | $81.0K |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $150M |
| Short-Term Investments | $51M |
| Net Receivables | $29M |
| Inventory | $35M |
| Other Current Assets | $43M |
| TOTAL CURRENT ASSETS | $274M |
| PP&E (Net) | $34M |
| Goodwill | $76M |
| Intangible Assets | $24M |
| Long-Term Investments | $11M |
| Tax Assets | $5M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $153M |
| TOTAL ASSETS | $427M |
| Account Payables | $4M |
| Short-Term Debt | $3M |
| Deferred Revenue | $30M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $61M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $82M |
| Common Stock | $36.0K |
| Additional Paid-In Capital | $349M |
| Retained Earnings | $40M |
| Treasury Stock | -$41M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $345M |
| Minority Interest | $0 |
| TOTAL EQUITY | $345M |
| TOTAL LIABILITIES & EQUITY | $427M |
| Total Debt | $20M |
| Net Debt | -$130M |
