| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $24M | $22M | 4.8% | 17.7% |
| Op. Income | $8M | $8M | $9M | 3.6% | -4.8% |
| Gross Margin | 69.4% | 71.3% | 79.3% | -1.9pp | -9.9pp |
| Net Margin | 27.2% | 29.9% | 34.3% | -2.7pp | -7.1pp |
| EPS (Diluted) | $0.42 | $0.44 | $0.45 | -4.5% | -6.7% |
| Free Cash Flow | $7M | $8M | $10M | -14.9% | -31.7% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $47.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $2M |
| Operating Expenses | $9M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $8M |
| Interest Income | $24M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $1M |
| EBIT | $8M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $47.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $2M |
| Operating Expenses | $9M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $8M |
| Interest Income | $24M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $1M |
| EBIT | $8M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $631.0K |
| Deferred Income Tax | $531.0K |
| Other Non-Cash Items | -$371.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$113.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$47M |
| Sales/Maturities of Investments | $71M |
| Other Investing Activities | -$26M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | -$861.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $65.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $434M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $488M |
| PP&E (Net) | $31M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.7B |
| Tax Assets | $5M |
| Other Non-Current Assets | $56M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $0 |
| Short-Term Debt | $18M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $174M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $174M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $3M |
| Additional Paid-In Capital | $25M |
| Retained Earnings | $173M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $196M |
| Minority Interest | $0 |
| TOTAL EQUITY | $196M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $191M |
| Net Debt | $146M |
