| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $11M | $11M | 4.3% | 12.5% |
| Op. Income | $3M | $3M | $3M | 6.2% | 15.4% |
| Gross Margin | 86.1% | 86.4% | 88.3% | -0.3pp | -2.2pp |
| Net Margin | 23.1% | 22.2% | 21.9% | 0.8pp | 1.2pp |
| EPS (Diluted) | $0.62 | $0.56 | $0.52 | 10.7% | 19.2% |
| Free Cash Flow | -$2M | -$2M | $2M | -40.0% | -219.0% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $2M |
| Operating Expenses | $7M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $3M |
| Interest Income | $9M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $477.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $466.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $2M |
| Operating Expenses | $7M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $3M |
| Interest Income | $9M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $477.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $466.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $466.0K |
| Stock-Based Compensation | $54.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $51.0K |
| OPERATING CASH FLOW | -$767.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$55M |
| NET CASH FROM INVESTING | -$62M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $64M |
| NET CASH FROM FINANCING | $67M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $85M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $97M |
| PP&E (Net) | $23M |
| Goodwill | $2M |
| Intangible Assets | $284.0K |
| Long-Term Investments | $667M |
| Tax Assets | $0 |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $747M |
| TOTAL ASSETS | $845M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $717M |
| TOTAL CURRENT LIABILITIES | $727M |
| Long-Term Debt | $47M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $47M |
| TOTAL LIABILITIES | $774M |
| Common Stock | $10M |
| Additional Paid-In Capital | $1M |
| Retained Earnings | $63M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $71M |
| Minority Interest | $0 |
| TOTAL EQUITY | $71M |
| TOTAL LIABILITIES & EQUITY | $845M |
| Total Debt | $47M |
| Net Debt | $35M |
