| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63M | $64M | $57M | -1.1% | 10.8% |
| Op. Income | $18M | $21M | $18M | -15.1% | -1.1% |
| Gross Margin | 83.9% | 85.3% | 89.0% | -1.3pp | -5.1pp |
| Net Margin | 21.4% | 25.1% | 25.0% | -3.7pp | -3.5pp |
| EPS (Diluted) | $0.47 | $0.55 | $0.48 | -14.5% | -2.1% |
| Free Cash Flow | $11M | $25M | $19M | -54.3% | -40.2% |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $25M |
| SG&A Expenses | $26M |
| Other Expenses | $9M |
| Operating Expenses | $35M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $18M |
| Interest Income | $54M |
| Interest Expense | $9M |
| 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 | $2M |
| EBIT | $18M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $25M |
| SG&A Expenses | $26M |
| Other Expenses | $9M |
| Operating Expenses | $35M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $18M |
| Interest Income | $54M |
| Interest Expense | $9M |
| 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 | $2M |
| EBIT | $18M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $350.0K |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$921.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$618.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $79M |
| Other Investing Activities | -$148M |
| NET CASH FROM INVESTING | -$69M |
| Net Debt Issuance | $42M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $29M |
| NET CASH FROM FINANCING | $58M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $528.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $99M |
| Short-Term Investments | $1.3B |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $97M |
| Goodwill | $0 |
| Intangible Assets | $15M |
| Long-Term Investments | $4.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $213M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $0 |
| Short-Term Debt | $221M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.0B |
| TOTAL CURRENT LIABILITIES | $5.2B |
| Long-Term Debt | $102M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $206M |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $456M |
| Additional Paid-In Capital | $90M |
| Retained Earnings | -$35M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $516M |
| Minority Interest | $0 |
| TOTAL EQUITY | $516M |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $376M |
| Net Debt | $278M |
