| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $66M | $65M | $57M | 1.7% | 14.8% |
| Op. Income | $22M | $22M | $17M | 2.2% | 31.5% |
| Gross Margin | 76.6% | 77.3% | 81.4% | -0.7pp | -4.8pp |
| Net Margin | 27.9% | 27.2% | 24.1% | 0.7pp | 3.8pp |
| EPS (Diluted) | $1.28 | $1.23 | $0.97 | 4.1% | 32.0% |
| Free Cash Flow | $5M | $27M | $19M | -81.5% | -72.8% |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $842.0K |
| General & Administrative | $16M |
| SG&A Expenses | $17M |
| Other Expenses | $11M |
| Operating Expenses | $28M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $22M |
| Interest Income | $59M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $3M |
| EBIT | $22M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $842.0K |
| General & Administrative | $16M |
| SG&A Expenses | $17M |
| Other Expenses | $11M |
| Operating Expenses | $28M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $22M |
| Interest Income | $59M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $3M |
| EBIT | $22M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $223.0K |
| Deferred Income Tax | $291.0K |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$66M |
| NET CASH FROM INVESTING | -$92M |
| Net Debt Issuance | $126M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$64M |
| NET CASH FROM FINANCING | $58M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $181M |
| Short-Term Investments | $306M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $578M |
| PP&E (Net) | $143M |
| Goodwill | $5M |
| Intangible Assets | $3M |
| Long-Term Investments | $4.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $4M |
| Short-Term Debt | $267M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $100M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $110M |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $142.0K |
| Additional Paid-In Capital | $32M |
| Retained Earnings | $508M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $572M |
| Minority Interest | $0 |
| TOTAL EQUITY | $572M |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $367M |
| Net Debt | $186M |
