| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $68M | $66M | $73M | 2.1% | -6.7% |
| Op. Income | $16M | $12M | $22M | 35.4% | -25.7% |
| Gross Margin | 49.8% | 44.4% | 54.8% | 5.4pp | -4.9pp |
| Net Margin | 6.1% | 3.7% | 30.4% | 2.4pp | -24.3pp |
| EPS (Diluted) | $0.02 | $0.01 | $0.13 | 100.0% | -84.6% |
| Free Cash Flow | $28M | $7M | $21M | 269.5% | 30.9% |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $3M |
| SG&A Expenses | $10M |
| Other Expenses | $7M |
| Operating Expenses | $18M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $16M |
| Interest Income | $799.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $1M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $3M |
| SG&A Expenses | $10M |
| Other Expenses | $7M |
| Operating Expenses | $18M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $16M |
| Interest Income | $799.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $1M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$10.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$250.0K |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | -$80.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $56.0K |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $89M |
| Short-Term Investments | $3M |
| Net Receivables | $24M |
| Inventory | $5M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $123M |
| PP&E (Net) | $27M |
| Goodwill | $86M |
| Intangible Assets | $603M |
| Long-Term Investments | $46M |
| Tax Assets | $6M |
| Other Non-Current Assets | $33M |
| TOTAL NON-CURRENT ASSETS | $801M |
| TOTAL ASSETS | $924M |
| Account Payables | $31M |
| Short-Term Debt | $0 |
| Deferred Revenue | $36M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $71M |
| Long-Term Debt | $181M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $287M |
| TOTAL NON-CURRENT LIABILITIES | $488M |
| TOTAL LIABILITIES | $559M |
| Common Stock | $2M |
| Additional Paid-In Capital | $370M |
| Retained Earnings | -$7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $35.0K |
| Other Equity | $133M |
| TOTAL STOCKHOLDERS' EQUITY | $365M |
| Minority Interest | $0 |
| TOTAL EQUITY | $365M |
| TOTAL LIABILITIES & EQUITY | $924M |
| Total Debt | $205M |
| Net Debt | $116M |
