| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $121M | $133M | $157M | -8.8% | -22.9% |
| Op. Income | $32M | $26M | $46M | 19.5% | -30.5% |
| Gross Margin | 44.1% | 36.0% | 47.5% | 8.1pp | -3.4pp |
| Net Margin | 19.4% | 14.9% | 22.4% | 4.5pp | -3.0pp |
| EPS (Diluted) | $6.43 | $5.26 | $10.52 | 22.2% | -38.9% |
| Free Cash Flow | $0 | $0 | $70M | — | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $121M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $9M |
| SG&A Expenses | $14M |
| Other Expenses | $8M |
| Operating Expenses | $22M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $32M |
| Interest Income | $117M |
| Interest Expense | $54M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $0 |
| EBIT | $32M |
| EBITDA | $32M |
| EPS | $7 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $121M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $9M |
| SG&A Expenses | $14M |
| Other Expenses | $8M |
| Operating Expenses | $22M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $32M |
| Interest Income | $117M |
| Interest Expense | $54M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $0 |
| EBIT | $32M |
| EBITDA | $32M |
| EPS | $7 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $580.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $299M |
| Short-Term Investments | $171M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $469M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.8B |
| Tax Assets | $40M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $0 |
| Short-Term Debt | $319M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $319M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $232.9K |
| Other Non-Current Liabilities | $218M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $134.0K |
| Additional Paid-In Capital | $136M |
| Retained Earnings | $354M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$569.7K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $490M |
| Minority Interest | $0 |
| TOTAL EQUITY | $490M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $1.6B |
| Net Debt | $1.3B |
