| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $53M | $51M | -3.4% | 0.6% |
| Op. Income | $18M | $19M | $20M | -6.3% | -7.6% |
| Gross Margin | 81.6% | 81.5% | 87.1% | 0.1pp | -5.5pp |
| Net Margin | 26.9% | 27.5% | 31.2% | -0.6pp | -4.3pp |
| EPS (Diluted) | $0.72 | $0.76 | $0.83 | -5.3% | -13.3% |
| Free Cash Flow | $13M | $18M | $18M | -31.5% | -29.8% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $464.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $11M |
| Operating Expenses | $24M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $18M |
| Interest Income | $48M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $18M |
| 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 | $3M |
| EBIT | $18M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $464.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $11M |
| Operating Expenses | $24M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $18M |
| Interest Income | $48M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $18M |
| 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 | $3M |
| EBIT | $18M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $5.0K |
| Deferred Income Tax | $295.0K |
| Other Non-Cash Items | $485.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $92M |
| Other Investing Activities | -$76M |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $574M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $622M |
| PP&E (Net) | $86M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $477M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $0 |
| Short-Term Debt | $149M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.5B |
| 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 | $176M |
| Retained Earnings | $288M |
| Treasury Stock | -$31M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $538M |
| Minority Interest | $0 |
| TOTAL EQUITY | $538M |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $205M |
| Net Debt | $157M |
