| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $42M | $37M | 5.3% | 19.8% |
| Op. Income | $12M | $11M | $10M | 3.4% | 18.3% |
| Gross Margin | 74.6% | 75.6% | 77.9% | -1.0pp | -3.3pp |
| Net Margin | 21.9% | 22.4% | 22.7% | -0.5pp | -0.8pp |
| EPS (Diluted) | $0.64 | $0.62 | $0.55 | 3.2% | 16.4% |
| Free Cash Flow | $16M | -$1M | $13M | 1664.2% | 18.2% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $473.0K |
| General & Administrative | $13M |
| SG&A Expenses | $14M |
| Other Expenses | $8M |
| Operating Expenses | $21M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $12M |
| Interest Income | $38M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $1M |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $473.0K |
| General & Administrative | $13M |
| SG&A Expenses | $14M |
| Other Expenses | $8M |
| Operating Expenses | $21M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $12M |
| Interest Income | $38M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $1M |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $275.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$47M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | -$98M |
| NET CASH FROM INVESTING | -$126M |
| Net Debt Issuance | $58M |
| Common Stock Repurchased | -$41M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $77M |
| NET CASH FROM FINANCING | $92M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $534M |
| Net Receivables | $26M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $598M |
| PP&E (Net) | $69M |
| Goodwill | $39M |
| Intangible Assets | $2M |
| Long-Term Investments | $2.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $91M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $33M |
| Short-Term Debt | $53M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $275M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $293M |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $97M |
| Retained Earnings | $186M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $287M |
| Minority Interest | $0 |
| TOTAL EQUITY | $287M |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $346M |
| Net Debt | $308M |
