| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $51M | $48M | 1.4% | 8.0% |
| Op. Income | $19M | $20M | $20M | -2.9% | -1.7% |
| Gross Margin | 84.7% | 87.1% | 90.7% | -2.4pp | -6.0pp |
| Net Margin | 28.0% | 31.2% | 30.7% | -3.3pp | -2.8pp |
| EPS (Diluted) | $0.75 | $0.83 | $0.77 | -9.6% | -2.6% |
| Free Cash Flow | $12M | $18M | $11M | -33.8% | 8.2% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $785.0K |
| General & Administrative | $12M |
| SG&A Expenses | $13M |
| Other Expenses | $12M |
| Operating Expenses | $25M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $19M |
| Interest Income | $47M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $5M |
| 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 | $2M |
| EBIT | $19M |
| EBITDA | $22M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $785.0K |
| General & Administrative | $12M |
| SG&A Expenses | $13M |
| Other Expenses | $12M |
| Operating Expenses | $25M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $19M |
| Interest Income | $47M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $5M |
| 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 | $2M |
| EBIT | $19M |
| EBITDA | $22M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | -$12.0K |
| Deferred Income Tax | $498.0K |
| Other Non-Cash Items | $822.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$744.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$67M |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | $13M |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$35.0K |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $139M |
| NET CASH FROM FINANCING | $131M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $115M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $546M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $590M |
| PP&E (Net) | $86M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $643M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $0 |
| Short-Term Debt | $160M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.4B |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $100M |
| Additional Paid-In Capital | $177M |
| Retained Earnings | $264M |
| Treasury Stock | -$32M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $502M |
| Minority Interest | $0 |
| TOTAL EQUITY | $502M |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $217M |
| Net Debt | $173M |
