| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | $35M | $33M | 7.0% | 16.2% |
| Op. Income | $13M | $11M | $9M | 11.7% | 40.7% |
| Gross Margin | 89.6% | 89.8% | 87.7% | -0.2pp | 1.9pp |
| Net Margin | 24.0% | 23.3% | 19.5% | 0.7pp | 4.6pp |
| EPS (Diluted) | $0.27 | $0.25 | $0.23 | 8.0% | 17.4% |
| Free Cash Flow | $7M | $18M | $2M | -59.0% | 244.8% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $9M |
| Operating Expenses | $21M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $13M |
| Interest Income | $31M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $1M |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $9M |
| Operating Expenses | $21M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $13M |
| Interest Income | $31M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $1M |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $82.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$36.0K |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$27.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$54M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | -$110M |
| NET CASH FROM INVESTING | -$139M |
| Net Debt Issuance | $165M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$25M |
| NET CASH FROM FINANCING | $138M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $505M |
| Net Receivables | $13M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $584M |
| PP&E (Net) | $65M |
| Goodwill | $78M |
| Intangible Assets | $9M |
| Long-Term Investments | $2.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $129M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $559.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $523M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $545M |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $183M |
| Retained Earnings | $176M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $357M |
| Minority Interest | $0 |
| TOTAL EQUITY | $357M |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $523M |
| Net Debt | $457M |
