| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $43M | $39M | 2.3% | 12.3% |
| Op. Income | $17M | $17M | $16M | 4.1% | 10.3% |
| Gross Margin | 88.1% | 89.3% | 94.6% | -1.3pp | -6.6pp |
| Net Margin | 31.6% | 31.7% | 30.0% | -0.0pp | 1.7pp |
| EPS (Diluted) | $0.60 | $0.59 | $0.51 | 1.7% | 17.6% |
| Free Cash Flow | $10M | $23M | $19M | -57.1% | -48.6% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $39M |
| R&D Expenses | $0 |
| Selling & Marketing | $740.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $6M |
| Operating Expenses | $21M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $17M |
| Interest Income | $33M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $1M |
| EBIT | $17M |
| EBITDA | $19M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $39M |
| R&D Expenses | $0 |
| Selling & Marketing | $740.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $6M |
| Operating Expenses | $21M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $17M |
| Interest Income | $33M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $1M |
| EBIT | $17M |
| EBITDA | $19M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $888.0K |
| Deferred Income Tax | -$530.0K |
| Other Non-Cash Items | $89.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$200M |
| Sales/Maturities of Investments | $222M |
| Other Investing Activities | $42M |
| NET CASH FROM INVESTING | $62M |
| Net Debt Issuance | -$321.0K |
| Common Stock Repurchased | $2M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $550M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $625M |
| PP&E (Net) | $44M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $144M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $681.0K |
| Short-Term Debt | $285M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.6B |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $49M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $88M |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $37M |
| Additional Paid-In Capital | $36M |
| Retained Earnings | $289M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $353M |
| Minority Interest | $0 |
| TOTAL EQUITY | $353M |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $334M |
| Net Debt | $268M |
