| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | $46M | $39M | 30.7% | 52.4% |
| Op. Income | $27M | $24M | $22M | 13.6% | 20.7% |
| Gross Margin | 87.5% | 87.9% | 88.4% | -0.4pp | -0.8pp |
| Net Margin | 21.8% | 36.5% | 47.5% | -14.7pp | -25.7pp |
| EPS (Diluted) | $0.20 | $0.26 | $0.29 | -23.1% | -31.0% |
| Free Cash Flow | $36M | $28M | $24M | 27.8% | 52.7% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $48M |
| Operating Expenses | $53M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $27M |
| Interest Income | $138.0K |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | -$60.0K |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $16M |
| EBIT | $27M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $53M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $48M |
| Operating Expenses | $53M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $27M |
| Interest Income | $138.0K |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | -$60.0K |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $16M |
| EBIT | $27M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$573M |
| NET CASH FROM INVESTING | -$573M |
| Net Debt Issuance | $558M |
| Common Stock Repurchased | -$28.0K |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$80.0K |
| NET CASH FROM FINANCING | $536M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | -$776.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $61M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $76M |
| PP&E (Net) | $150M |
| Goodwill | $0 |
| Intangible Assets | $150M |
| Long-Term Investments | $9M |
| Tax Assets | -$9M |
| Other Non-Current Assets | $2.1B |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | -$18M |
| TOTAL CURRENT LIABILITIES | $638M |
| Long-Term Debt | $749M |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | -$8M |
| Other Non-Current Liabilities | $618M |
| TOTAL NON-CURRENT LIABILITIES | $775M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $651.0K |
| Additional Paid-In Capital | $999M |
| Retained Earnings | $120M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $137.0K |
| Other Equity | -$103M |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $1.4B |
| Net Debt | $1.4B |
