| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $87M | $87M | $86M | -0.6% | 0.8% |
| Op. Income | $31M | $31M | $32M | 1.7% | -0.8% |
| Gross Margin | 66.0% | 65.4% | 62.9% | 0.6pp | 3.1pp |
| Net Margin | 28.4% | 28.0% | 27.2% | 0.4pp | 1.2pp |
| EPS (Diluted) | $0.18 | $0.18 | $0.17 | 0.0% | 5.9% |
| Free Cash Flow | $15M | $12M | $21M | 27.4% | -27.4% |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $57M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $18M |
| SG&A Expenses | $19M |
| Other Expenses | $7M |
| Operating Expenses | $26M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $31M |
| Interest Income | $82M |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $3M |
| EBIT | $31M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $57M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $18M |
| SG&A Expenses | $19M |
| Other Expenses | $7M |
| Operating Expenses | $26M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $31M |
| Interest Income | $82M |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $3M |
| EBIT | $31M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $637.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$173M |
| Sales/Maturities of Investments | $139M |
| Other Investing Activities | -$45M |
| NET CASH FROM INVESTING | -$81M |
| Net Debt Issuance | $59M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $163M |
| NET CASH FROM FINANCING | $210M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $148M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $218M |
| Short-Term Investments | $751M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $969M |
| PP&E (Net) | $96M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8.1B |
| Tax Assets | $17M |
| Other Non-Current Assets | $375M |
| TOTAL NON-CURRENT ASSETS | $8.6B |
| TOTAL ASSETS | $9.5B |
| Account Payables | $72M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.7B |
| TOTAL CURRENT LIABILITIES | $5.8B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $8.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $187M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | -$36M |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $9.5B |
| Total Debt | $2.3B |
| Net Debt | $2.1B |
