| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $33M | $31M | 11.0% | 19.8% |
| Op. Income | $10M | $8M | $9M | 21.4% | 9.2% |
| Gross Margin | 77.9% | 79.3% | 83.4% | -1.4pp | -5.4pp |
| Net Margin | 22.7% | 21.1% | 21.6% | 1.5pp | 1.1pp |
| EPS (Diluted) | $0.55 | $0.46 | $0.44 | 19.6% | 25.0% |
| Free Cash Flow | $13M | $4M | $10M | 255.0% | 28.6% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $581.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $7M |
| Operating Expenses | $19M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $10M |
| Interest Income | $32M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| 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 | $10M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $581.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $7M |
| Operating Expenses | $19M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $10M |
| Interest Income | $32M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| 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 | $10M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $272.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$499.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$48M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | -$56M |
| NET CASH FROM INVESTING | -$90M |
| Net Debt Issuance | -$99M |
| Common Stock Repurchased | -$6.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $192M |
| NET CASH FROM FINANCING | $90M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $451M |
| Net Receivables | $24M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $518M |
| PP&E (Net) | $50M |
| Goodwill | $39M |
| Intangible Assets | $3M |
| Long-Term Investments | $2.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $86M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $30M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $328M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $328M |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $97M |
| Retained Earnings | $159M |
| Treasury Stock | -$608.0K |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $250M |
| Minority Interest | $0 |
| TOTAL EQUITY | $250M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $328M |
| Net Debt | $286M |
