| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $43M | $40M | -2.4% | 3.7% |
| Op. Income | $16M | $16M | $17M | -3.3% | -11.2% |
| Gross Margin | 88.9% | 87.9% | 96.3% | 1.0pp | -7.4pp |
| Net Margin | 30.2% | 30.5% | 35.0% | -0.3pp | -4.8pp |
| EPS (Diluted) | $0.50 | $0.52 | $0.56 | -3.8% | -10.7% |
| Free Cash Flow | $11M | $19M | $14M | -40.0% | -17.2% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $452.0K |
| General & Administrative | $16M |
| SG&A Expenses | $17M |
| Other Expenses | $5M |
| Operating Expenses | $22M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $16M |
| Interest Income | $39M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $1M |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $452.0K |
| General & Administrative | $16M |
| SG&A Expenses | $17M |
| Other Expenses | $5M |
| Operating Expenses | $22M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $16M |
| Interest Income | $39M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $1M |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $682.0K |
| Deferred Income Tax | -$318.0K |
| Other Non-Cash Items | -$434.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$487.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$162M |
| Sales/Maturities of Investments | $161M |
| Other Investing Activities | $38M |
| NET CASH FROM INVESTING | $36M |
| Net Debt Issuance | -$70M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $107M |
| NET CASH FROM FINANCING | $35M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $83M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $372M |
| Short-Term Investments | $53M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $425M |
| PP&E (Net) | $64M |
| Goodwill | $81M |
| Intangible Assets | $5M |
| Long-Term Investments | $2.8B |
| Tax Assets | $7M |
| Other Non-Current Assets | $86M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $0 |
| Short-Term Debt | $485.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.9B |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $90M |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $258.0K |
| Additional Paid-In Capital | $347M |
| Retained Earnings | $201M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $536M |
| Minority Interest | $0 |
| TOTAL EQUITY | $536M |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $66M |
| Net Debt | -$306M |
