| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $40M | $34M | -0.5% | 17.8% |
| Op. Income | $13M | $17M | $11M | -25.2% | 16.3% |
| Gross Margin | 88.0% | 96.3% | 91.5% | -8.3pp | -3.4pp |
| Net Margin | 26.1% | 35.0% | 26.7% | -8.8pp | -0.6pp |
| EPS (Diluted) | $0.42 | $0.56 | $0.37 | -25.0% | 13.5% |
| Free Cash Flow | $10M | $14M | $7M | -27.2% | 36.3% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $440.0K |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $6M |
| Operating Expenses | $22M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $13M |
| Interest Income | $37M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $1M |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $440.0K |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $6M |
| Operating Expenses | $22M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $13M |
| Interest Income | $37M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $1M |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $545.0K |
| Deferred Income Tax | $622.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$653.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$156M |
| Sales/Maturities of Investments | $158M |
| Other Investing Activities | -$98M |
| NET CASH FROM INVESTING | -$97M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | -$106M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $277M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $277M |
| PP&E (Net) | $64M |
| Goodwill | $81M |
| Intangible Assets | $6M |
| Long-Term Investments | $2.8B |
| Tax Assets | $6M |
| Other Non-Current Assets | $86M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $0 |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $258.0K |
| Additional Paid-In Capital | $345M |
| Retained Earnings | $169M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$582.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $499M |
| Minority Interest | $0 |
| TOTAL EQUITY | $499M |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $17M |
| Net Debt | -$260M |
