| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | $30M | $34M | -12.5% | -23.0% |
| Op. Income | $8M | $7M | $10M | 10.3% | -19.4% |
| Gross Margin | 49.8% | 51.6% | 52.6% | -1.8pp | -2.7pp |
| Net Margin | 20.7% | 18.0% | 8.5% | 2.7pp | 12.2pp |
| EPS (Diluted) | $0.64 | $0.62 | $0.34 | 3.2% | 88.2% |
| Free Cash Flow | $16M | $6M | $8M | 150.8% | 103.0% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $535.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | -$2M |
| Operating Expenses | $5M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $631.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $535.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | -$2M |
| Operating Expenses | $5M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $631.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $631.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$56.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$315.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$315.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$67.0K |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $66M |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $140M |
| PP&E (Net) | $13M |
| Goodwill | $20M |
| Intangible Assets | $16M |
| Long-Term Investments | $5M |
| Tax Assets | $5M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $59M |
| TOTAL ASSETS | $199M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $38M |
| Common Stock | $102.0K |
| Additional Paid-In Capital | $194M |
| Retained Earnings | $31M |
| Treasury Stock | -$59M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $161M |
| Minority Interest | $0 |
| TOTAL EQUITY | $161M |
| TOTAL LIABILITIES & EQUITY | $199M |
| Total Debt | $11M |
| Net Debt | -$42M |
