| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $27M | $20M | 12.0% | 49.8% |
| Op. Income | $9M | $7M | $4M | 21.8% | 90.3% |
| Gross Margin | 76.7% | 77.3% | 82.1% | -0.6pp | -5.4pp |
| Net Margin | 22.7% | 21.0% | 18.1% | 1.7pp | 4.6pp |
| EPS (Diluted) | $0.50 | $0.41 | $0.33 | 22.0% | 51.5% |
| Free Cash Flow | $6M | $8M | $5M | -25.2% | 28.5% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $6M |
| Operating Expenses | $15M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $9M |
| Interest Income | $26M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| 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 | $403.0K |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $6M |
| Operating Expenses | $15M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $9M |
| Interest Income | $26M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| 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 | $403.0K |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $403.0K |
| Stock-Based Compensation | $286.0K |
| Deferred Income Tax | -$122.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $538.0K |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$534.0K |
| Acquisitions (Net) | -$17M |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | -$53M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | $78M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | $65M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $295M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $367M |
| PP&E (Net) | $28M |
| Goodwill | $49M |
| Intangible Assets | $7M |
| Long-Term Investments | $1.6B |
| Tax Assets | $3M |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $2M |
| Short-Term Debt | $16M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $133M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $155M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $13M |
| Additional Paid-In Capital | $214M |
| Retained Earnings | $48M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $277M |
| Minority Interest | $0 |
| TOTAL EQUITY | $277M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $149M |
| Net Debt | $85M |
