| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63M | $52M | $48M | 20.3% | 30.2% |
| Op. Income | $20M | $13M | $17M | 54.7% | 18.0% |
| Gross Margin | 78.9% | 78.0% | 83.7% | 0.9pp | -4.8pp |
| Net Margin | 26.5% | 20.7% | 29.3% | 5.8pp | -2.8pp |
| EPS (Diluted) | $0.37 | $0.28 | $0.37 | 32.1% | 0.0% |
| Free Cash Flow | $21M | $112M | $15M | -81.0% | 42.6% |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $12M |
| Operating Expenses | $30M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $20M |
| Interest Income | $54M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $3M |
| EBIT | $20M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $12M |
| Operating Expenses | $30M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $20M |
| Interest Income | $54M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $3M |
| EBIT | $20M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $58.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$660.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$113M |
| Sales/Maturities of Investments | $125M |
| Other Investing Activities | -$38M |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $43M |
| NET CASH FROM FINANCING | $17M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $673M |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $795M |
| PP&E (Net) | $91M |
| Goodwill | $151M |
| Intangible Assets | $29M |
| Long-Term Investments | $3.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $169M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $492M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $46M |
| TOTAL NON-CURRENT LIABILITIES | $538M |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $381M |
| Retained Earnings | $242M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $626M |
| Minority Interest | $0 |
| TOTAL EQUITY | $626M |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $492M |
| Net Debt | $390M |
