| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $81M | $83M | $58M | -2.2% | 38.8% |
| Op. Income | $19M | $23M | $16M | -15.5% | 22.6% |
| Gross Margin | 84.0% | 84.4% | 83.6% | -0.5pp | 0.3pp |
| Net Margin | 18.3% | 21.9% | 20.7% | -3.6pp | -2.4pp |
| EPS (Diluted) | $0.55 | $0.67 | $0.56 | -17.9% | -1.8% |
| Free Cash Flow | $17M | $18M | $8M | -6.3% | 108.8% |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $32M |
| SG&A Expenses | $33M |
| Other Expenses | $15M |
| Operating Expenses | $49M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $19M |
| Interest Income | $73M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $4M |
| EBIT | $19M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $32M |
| SG&A Expenses | $33M |
| Other Expenses | $15M |
| Operating Expenses | $49M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $19M |
| Interest Income | $73M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $4M |
| EBIT | $19M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $911.0K |
| Deferred Income Tax | $389.0K |
| Other Non-Cash Items | $934.0K |
| Change in Working Capital | -$617.0K |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$60M |
| Sales/Maturities of Investments | $59M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $75M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$137M |
| NET CASH FROM FINANCING | -$69M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $172M |
| Short-Term Investments | $339M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $511M |
| PP&E (Net) | $85M |
| Goodwill | $159M |
| Intangible Assets | $38M |
| Long-Term Investments | $3.6B |
| Tax Assets | $8M |
| Other Non-Current Assets | $129M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $0 |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.3B |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $493M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $72M |
| TOTAL NON-CURRENT LIABILITIES | $565M |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $271.0K |
| Additional Paid-In Capital | $470M |
| Retained Earnings | $185M |
| Treasury Stock | -$10M |
| Accum. Other Comp. Income | $260.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $646M |
| Minority Interest | $0 |
| TOTAL EQUITY | $646M |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $497M |
| Net Debt | $325M |
