| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $39M | $38M | 12.8% | 16.9% |
| Op. Income | $21M | $20M | $24M | 5.5% | -12.6% |
| Gross Margin | 70.9% | 73.8% | 81.6% | -2.8pp | -10.7pp |
| Net Margin | 35.2% | 38.2% | 38.8% | -3.0pp | -3.6pp |
| EPS (Diluted) | $0.35 | $0.33 | $0.44 | 6.1% | -20.5% |
| Free Cash Flow | $199M | -$125M | -$96M | 258.9% | 306.4% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $3M |
| Operating Expenses | $11M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $21M |
| Interest Income | $34M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $5M |
| 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 | $15M |
| D&A | $110.0K |
| EBIT | $21M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $3M |
| Operating Expenses | $11M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $21M |
| Interest Income | $34M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $5M |
| 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 | $15M |
| D&A | $110.0K |
| EBIT | $21M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $110.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $128M |
| Change in Working Capital | $58M |
| OPERATING CASH FLOW | $201M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $36M |
| Other Investing Activities | -$262M |
| NET CASH FROM INVESTING | -$238M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $114M |
| NET CASH FROM FINANCING | $101M |
| FREE CASH FLOW | $199M |
| Net Change in Cash | $65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $352M |
| Short-Term Investments | $386M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $749M |
| PP&E (Net) | $9M |
| Goodwill | $5M |
| Intangible Assets | $72M |
| Long-Term Investments | $2.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $175M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.2B |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $190M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $217M |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $135M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $218M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $393M |
| Minority Interest | $0 |
| TOTAL EQUITY | $393M |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $190M |
| Net Debt | -$163M |
