| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39M | $38M | $32M | 2.6% | 21.7% |
| Op. Income | $20M | $19M | $16M | 5.3% | 23.3% |
| Gross Margin | 90.3% | 90.2% | 90.4% | 0.1pp | -0.2pp |
| Net Margin | 34.4% | 38.9% | 6.4% | -4.5pp | 28.0pp |
| EPS (Diluted) | $0.17 | $0.19 | $0.03 | -10.5% | 507.1% |
| Free Cash Flow | $19M | $22M | $25M | -12.0% | -21.3% |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $20M |
| Interest Income | $400.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $400.0K |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $11M |
| EBIT | $21M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $20M |
| Interest Income | $400.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $400.0K |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $11M |
| EBIT | $21M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $924.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $32.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$675.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$683.0K |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $48M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $26M |
| PP&E (Net) | $1.2B |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $18M |
| Tax Assets | -$1.2B |
| Other Non-Current Assets | -$1M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.2B |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $179M |
| Long-Term Debt | $544M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $394M |
| TOTAL LIABILITIES | $573M |
| Common Stock | $785.0K |
| Additional Paid-In Capital | $831M |
| Retained Earnings | -$193M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$193M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $639M |
| Minority Interest | $0 |
| TOTAL EQUITY | $639M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $544M |
| Net Debt | $533M |
