| Metric | Q2 2012 | Q1 2012 | Q2 2011 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | — | $22M | — | -1.6% |
| Op. Income | $18M | — | $18M | — | -2.1% |
| Gross Margin | 98.7% | — | 99.0% | — | -0.3pp |
| Net Margin | 202.5% | — | -207.0% | — | 409.5pp |
| EPS (Diluted) | $0.70 | — | $-0.73 | — | 195.9% |
| Free Cash Flow | $43M | — | -$45M | — | 196.2% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $270.0K |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | -$370.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $28M |
| EBIT | $46M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $270.0K |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | -$370.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $28M |
| EBIT | $46M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$43M |
| Change in Working Capital | $43M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $0 |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $14M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $821M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$821M |
| TOTAL NON-CURRENT ASSETS | $821M |
| TOTAL ASSETS | $834M |
| Account Payables | $0 |
| Short-Term Debt | $78M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $78M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $78M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $774M |
| TOTAL STOCKHOLDERS' EQUITY | $756M |
| Minority Interest | $0 |
| TOTAL EQUITY | $756M |
| TOTAL LIABILITIES & EQUITY | $834M |
| Total Debt | $78M |
| Net Debt | $78M |
