| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39M | $31M | $25M | 27.0% | 54.9% |
| Op. Income | $16M | $10M | $8M | 58.3% | 100.5% |
| Gross Margin | 87.4% | 86.0% | 84.4% | 1.4pp | 3.1pp |
| Net Margin | 40.7% | 33.1% | 30.3% | 7.6pp | 10.5pp |
| EPS (Diluted) | $0.25 | $0.16 | $0.12 | 56.3% | 108.3% |
| Free Cash Flow | $18M | $2M | $13M | 669.5% | 45.7% |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $34M |
| R&D Expenses | $2M |
| Selling & Marketing | $16M |
| General & Administrative | $713.0K |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $16M |
| Interest Income | $382.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $382.0K |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $274.0K |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $74.0K |
| EBIT | $16M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $34M |
| R&D Expenses | $2M |
| Selling & Marketing | $16M |
| General & Administrative | $713.0K |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $18M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $16M |
| Interest Income | $382.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $382.0K |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $274.0K |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $74.0K |
| EBIT | $16M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $74.0K |
| Stock-Based Compensation | $412.0K |
| Deferred Income Tax | -$77.0K |
| Other Non-Cash Items | -$107.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$86.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $15.0K |
| NET CASH FROM FINANCING | $15.0K |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $54M |
| Net Receivables | $7M |
| Inventory | $8M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $97M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $103M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $57.0K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $31M |
| Common Stock | $72M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $70M |
| Minority Interest | $1M |
| TOTAL EQUITY | $72M |
| TOTAL LIABILITIES & EQUITY | $103M |
| Total Debt | $1M |
| Net Debt | -$28M |
