| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $37M | $42M | 0.6% | -10.2% |
| Op. Income | $4M | $4M | $1M | 4.8% | 251.9% |
| Gross Margin | 89.5% | 89.7% | 88.6% | -0.2pp | 0.9pp |
| Net Margin | 8.2% | 4.3% | -0.5% | 3.9pp | 8.7pp |
| EPS (Diluted) | $0.06 | $0.03 | $-0.00 | 100.0% | 1528.6% |
| Free Cash Flow | $8M | $186.0K | -$1M | 4148.9% | 865.8% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $33M |
| R&D Expenses | $4M |
| Selling & Marketing | $14M |
| General & Administrative | $8M |
| SG&A Expenses | $22M |
| Other Expenses | $2M |
| Operating Expenses | $28M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $219.0K |
| Other Income/Expenses | -$219.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $485.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $2M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $33M |
| R&D Expenses | $4M |
| Selling & Marketing | $14M |
| General & Administrative | $8M |
| SG&A Expenses | $22M |
| Other Expenses | $2M |
| Operating Expenses | $28M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $219.0K |
| Other Income/Expenses | -$219.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $485.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $2M |
| EBIT | $5M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $239.0K |
| Other Non-Cash Items | $574.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$551.0K |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$518.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $35M |
| Goodwill | $154M |
| Intangible Assets | $39M |
| Long-Term Investments | $7M |
| Tax Assets | $140.0K |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $237M |
| TOTAL ASSETS | $267M |
| Account Payables | $17M |
| Short-Term Debt | $4M |
| Deferred Revenue | $57M |
| Other Current Liabilities | -$3M |
| TOTAL CURRENT LIABILITIES | $79M |
| Long-Term Debt | $9M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $37M |
| TOTAL LIABILITIES | $116M |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $225M |
| Retained Earnings | $76M |
| Treasury Stock | -$119M |
| Accum. Other Comp. Income | -$31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $151M |
| Minority Interest | $0 |
| TOTAL EQUITY | $151M |
| TOTAL LIABILITIES & EQUITY | $267M |
| Total Debt | $27M |
| Net Debt | $20M |
