| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | $69M | $60M | 0.8% | 15.9% |
| Op. Income | $16M | $18M | -$18M | -15.0% | 188.5% |
| Gross Margin | 68.5% | 69.7% | 73.6% | -1.2pp | -5.1pp |
| Net Margin | 17.3% | 21.7% | -24.6% | -4.3pp | 42.0pp |
| EPS (Diluted) | $0.11 | $0.13 | $-0.13 | -15.4% | 184.6% |
| Free Cash Flow | -$31M | $19M | $16M | -265.6% | -296.7% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $21M |
| SG&A Expenses | $23M |
| Other Expenses | $9M |
| Operating Expenses | $32M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $16M |
| Interest Income | $62M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $1M |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $21M |
| SG&A Expenses | $23M |
| Other Expenses | $9M |
| Operating Expenses | $32M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $16M |
| Interest Income | $62M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $1M |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $870.0K |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | -$27M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $46M |
| Other Investing Activities | -$116M |
| NET CASH FROM INVESTING | -$109M |
| Net Debt Issuance | $65M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $64M |
| NET CASH FROM FINANCING | $124M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $1.1B |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $61M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $5.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $384M |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.7B |
| TOTAL CURRENT LIABILITIES | $4.8B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $6.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $528M |
| Retained Earnings | $588M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$61M |
| Other Equity | -$43M |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
