| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53M | $57M | $42M | -6.4% | 28.2% |
| Op. Income | $12M | $14M | $7M | -18.8% | 62.2% |
| Gross Margin | 86.9% | 87.5% | 85.9% | -0.6pp | 1.0pp |
| Net Margin | 16.5% | 19.2% | 13.7% | -2.7pp | 2.8pp |
| EPS (Diluted) | $0.34 | $0.42 | $0.21 | -19.0% | 61.9% |
| Free Cash Flow | $27M | $29M | $64M | -6.4% | -57.5% |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $27M |
| SG&A Expenses | $28M |
| Other Expenses | $7M |
| Operating Expenses | $35M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $12M |
| Interest Income | $20M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $692.0K |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $27M |
| SG&A Expenses | $28M |
| Other Expenses | $7M |
| Operating Expenses | $35M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $12M |
| Interest Income | $20M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $692.0K |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $692.0K |
| Stock-Based Compensation | $721.0K |
| Deferred Income Tax | -$664.0K |
| Other Non-Cash Items | $17M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$867.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$32M |
| Common Stock Repurchased | -$40.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $17M |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $62M |
| Short-Term Investments | $178M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $271M |
| PP&E (Net) | $25M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $104M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $0 |
| Short-Term Debt | $14M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $470M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $521M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $271.0K |
| Additional Paid-In Capital | $212M |
| Retained Earnings | $197M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $642.0K |
| Other Equity | -$17M |
| TOTAL STOCKHOLDERS' EQUITY | $394M |
| Minority Interest | $0 |
| TOTAL EQUITY | $394M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $484M |
| Net Debt | $422M |
