| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $128M | $126M | $119M | 1.6% | 7.3% |
| Op. Income | $27M | $23M | $30M | 18.9% | -11.2% |
| Gross Margin | 56.3% | 57.6% | 63.5% | -1.3pp | -7.2pp |
| Net Margin | 16.8% | 14.5% | 18.1% | 2.3pp | -1.3pp |
| EPS (Diluted) | $0.08 | $0.06 | $0.08 | 33.3% | 0.0% |
| Free Cash Flow | $29M | $29M | $29M | 3.1% | 1.7% |
| Item | Amount |
|---|---|
| REVENUE | $128M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $29M |
| SG&A Expenses | $31M |
| Other Expenses | $14M |
| Operating Expenses | $45M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $27M |
| Interest Income | $122M |
| Interest Expense | $58M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $6M |
| EBIT | $27M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $128M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $29M |
| SG&A Expenses | $31M |
| Other Expenses | $14M |
| Operating Expenses | $45M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $27M |
| Interest Income | $122M |
| Interest Expense | $58M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $6M |
| EBIT | $27M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $21M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$890.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$36M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | -$170M |
| NET CASH FROM INVESTING | -$156M |
| Net Debt Issuance | $69M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $75M |
| NET CASH FROM FINANCING | $130M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $275M |
| Short-Term Investments | $548M |
| Net Receivables | $41M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $864M |
| PP&E (Net) | $62M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $13.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $409M |
| TOTAL NON-CURRENT ASSETS | $13.7B |
| TOTAL ASSETS | $14.5B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.8B |
| TOTAL CURRENT LIABILITIES | $8.8B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $103M |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $12.8B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $838M |
| Treasury Stock | -$765M |
| Accum. Other Comp. Income | -$69M |
| Other Equity | -$44M |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $14.5B |
| Total Debt | $3.9B |
| Net Debt | $3.7B |
