| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $27M | $24M | 6.1% | 17.6% |
| Op. Income | $11M | $9M | $8M | 20.8% | 36.1% |
| Gross Margin | 91.7% | 92.9% | 93.8% | -1.2pp | -2.1pp |
| Net Margin | 27.8% | 24.8% | 21.3% | 3.0pp | 6.5pp |
| EPS (Diluted) | $0.52 | $0.44 | $0.37 | 18.2% | 40.5% |
| Free Cash Flow | $1M | $8M | $2M | -84.0% | -45.8% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $689.0K |
| General & Administrative | $9M |
| SG&A Expenses | $10M |
| Other Expenses | $6M |
| Operating Expenses | $16M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $11M |
| Interest Income | $25M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $1M |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $689.0K |
| General & Administrative | $9M |
| SG&A Expenses | $10M |
| Other Expenses | $6M |
| Operating Expenses | $16M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $11M |
| Interest Income | $25M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $1M |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $98.0K |
| Deferred Income Tax | -$9.0K |
| Other Non-Cash Items | $997.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $56M |
| NET CASH FROM FINANCING | $48M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $85M |
| Short-Term Investments | $560M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $645M |
| PP&E (Net) | $30M |
| Goodwill | $27M |
| Intangible Assets | $7M |
| Long-Term Investments | $1.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $98M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $0 |
| Short-Term Debt | $17M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $35M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $60M |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $112M |
| Additional Paid-In Capital | $3M |
| Retained Earnings | $154M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $260M |
| Minority Interest | $0 |
| TOTAL EQUITY | $260M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $52M |
| Net Debt | -$33M |
