| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | $66M | $59M | 4.6% | 16.1% |
| Op. Income | $20M | $22M | $16M | -12.2% | 24.9% |
| Gross Margin | 80.3% | 84.8% | 85.9% | -4.5pp | -5.6pp |
| Net Margin | 23.4% | 28.0% | 21.7% | -4.6pp | 1.7pp |
| EPS (Diluted) | $0.55 | $0.63 | $0.44 | -12.7% | 25.0% |
| Free Cash Flow | $16M | $24M | $17M | -33.0% | -4.0% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $540.0K |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | $13M |
| Operating Expenses | $36M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $20M |
| Interest Income | $52M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $1M |
| EBIT | $20M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $540.0K |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | $13M |
| Operating Expenses | $36M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $20M |
| Interest Income | $52M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $1M |
| EBIT | $20M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $577.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$850.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | -$61M |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | -$117M |
| Common Stock Repurchased | -$950.0K |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $118M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | -$43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $316M |
| Net Receivables | $141M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $522M |
| PP&E (Net) | $95M |
| Goodwill | $173M |
| Intangible Assets | $12M |
| Long-Term Investments | $4.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $186M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $43M |
| Short-Term Debt | $73M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.0B |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $240M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $279M |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $158M |
| Additional Paid-In Capital | $293M |
| Retained Earnings | $257M |
| Treasury Stock | -$46M |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $638M |
| Minority Interest | $0 |
| TOTAL EQUITY | $638M |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $352M |
| Net Debt | $286M |
