| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $57M | $55M | $53M | 3.2% | 7.9% |
| Op. Income | $18M | $18M | $19M | 0.4% | -6.6% |
| Gross Margin | 89.0% | 91.5% | 97.8% | -2.5pp | -8.7pp |
| Net Margin | 25.0% | 25.9% | 22.8% | -0.9pp | 2.2pp |
| EPS (Diluted) | $0.48 | $0.48 | $0.39 | 0.0% | 23.1% |
| Free Cash Flow | $19M | $29M | $10M | -34.3% | 83.8% |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $890.0K |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $9M |
| Operating Expenses | $33M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $18M |
| Interest Income | $48M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $3M |
| EBIT | $18M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $890.0K |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $9M |
| Operating Expenses | $33M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $18M |
| Interest Income | $48M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $3M |
| EBIT | $18M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $452.0K |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$73.0K |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | -$68M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $31M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $15M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $89M |
| Short-Term Investments | $1.3B |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $47M |
| Goodwill | $0 |
| Intangible Assets | $16M |
| Long-Term Investments | $4.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $221M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $0 |
| Short-Term Debt | $87M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.0B |
| TOTAL CURRENT LIABILITIES | $5.1B |
| Long-Term Debt | $93M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $135M |
| TOTAL LIABILITIES | $5.2B |
| Common Stock | $485M |
| Additional Paid-In Capital | $87M |
| Retained Earnings | -$70M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $481M |
| Minority Interest | $0 |
| TOTAL EQUITY | $481M |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $180M |
| Net Debt | $90M |
