| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35M | $35M | $16M | 0.1% | 126.7% |
| Op. Income | $30M | $32M | $14M | -6.1% | 124.0% |
| Gross Margin | 95.7% | 95.1% | 95.2% | 0.6pp | 0.5pp |
| Net Margin | 85.8% | 91.5% | 86.9% | -5.6pp | -1.0pp |
| EPS (Diluted) | $0.93 | $0.99 | $0.42 | -6.1% | 121.4% |
| Free Cash Flow | $4M | $11M | -$20M | -58.4% | 121.9% |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $575.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $30M |
| Interest Income | $12M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $407.0K |
| EBIT | $30M |
| EBITDA | $31M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $575.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $30M |
| Interest Income | $12M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $407.0K |
| EBIT | $30M |
| EBITDA | $31M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $407.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$33M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $4M |
| 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 | $13M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$13.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $17M |
| Tax Assets | $0 |
| Other Non-Current Assets | $652M |
| TOTAL NON-CURRENT ASSETS | $669M |
| TOTAL ASSETS | $675M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $121M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $149M |
| TOTAL NON-CURRENT LIABILITIES | $270M |
| TOTAL LIABILITIES | $272M |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $330M |
| Retained Earnings | -$12M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $86M |
| TOTAL STOCKHOLDERS' EQUITY | $404M |
| Minority Interest | $0 |
| TOTAL EQUITY | $404M |
| TOTAL LIABILITIES & EQUITY | $675M |
| Total Debt | $121M |
| Net Debt | $119M |
