| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $23M | $22M | 3.0% | 6.9% |
| Op. Income | $4M | $4M | $5M | -2.5% | -17.2% |
| Gross Margin | 67.8% | 72.0% | 75.6% | -4.3pp | -7.8pp |
| Net Margin | 13.8% | 14.3% | 17.8% | -0.6pp | -4.1pp |
| EPS (Diluted) | $0.12 | $0.12 | $0.14 | 0.0% | -14.3% |
| Free Cash Flow | $9M | $4M | $7M | 146.4% | 27.3% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $364.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $4M |
| Interest Income | $21M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $899.0K |
| 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 | $617.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $364.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $4M |
| Interest Income | $21M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $899.0K |
| 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 | $617.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $617.0K |
| Stock-Based Compensation | $392.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$257.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $34M |
| Other Investing Activities | -$31M |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $15M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $25M |
| NET CASH FROM FINANCING | $37M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $231M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $274M |
| PP&E (Net) | $24M |
| Goodwill | $12M |
| Intangible Assets | $3M |
| Long-Term Investments | $1.7B |
| Tax Assets | $8M |
| Other Non-Current Assets | $107M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $0 |
| Short-Term Debt | $35M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $206M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $237M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $266.0K |
| Additional Paid-In Capital | $164M |
| Retained Earnings | $80M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | -$6M |
| TOTAL STOCKHOLDERS' EQUITY | $232M |
| Minority Interest | $0 |
| TOTAL EQUITY | $232M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $241M |
| Net Debt | $203M |
