| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | $49M | $48M | 1.8% | 5.4% |
| Op. Income | $20M | $20M | $20M | -0.4% | 0.9% |
| Gross Margin | 89.0% | 89.8% | 91.3% | -0.8pp | -2.3pp |
| Net Margin | 30.3% | 31.2% | 26.4% | -1.0pp | 3.8pp |
| EPS (Diluted) | $0.79 | $0.80 | $0.66 | -1.3% | 19.7% |
| Free Cash Flow | $15M | $20M | $14M | -21.9% | 6.8% |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $45M |
| R&D Expenses | $0 |
| Selling & Marketing | $844.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $12M |
| Operating Expenses | $25M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $20M |
| Interest Income | $46M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| 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 | $725.0K |
| EBIT | $20M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $45M |
| R&D Expenses | $0 |
| Selling & Marketing | $844.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $12M |
| Operating Expenses | $25M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $20M |
| Interest Income | $46M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| 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 | $725.0K |
| EBIT | $20M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $725.0K |
| Stock-Based Compensation | $75.0K |
| Deferred Income Tax | $601.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$417.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | -$85M |
| NET CASH FROM INVESTING | -$70M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$339.0K |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$55M |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | -$121M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $508M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $550M |
| PP&E (Net) | $35M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $495M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $0 |
| Short-Term Debt | $176M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.2B |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.2B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $100M |
| Additional Paid-In Capital | $177M |
| Retained Earnings | $247M |
| Treasury Stock | -$34M |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $477M |
| Minority Interest | $0 |
| TOTAL EQUITY | $477M |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $176M |
| Net Debt | $134M |
