| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $29M | $23M | 14.0% | 47.9% |
| Op. Income | $9M | $12M | $8M | -27.4% | 5.2% |
| Gross Margin | 70.6% | 85.1% | 82.9% | -14.5pp | -12.3pp |
| Net Margin | 18.1% | 29.0% | 25.9% | -11.0pp | -7.8pp |
| EPS (Diluted) | $0.71 | $1.01 | $0.70 | -29.7% | 1.4% |
| Free Cash Flow | $2M | $21M | -$740.0K | -90.9% | 359.3% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $7M |
| Operating Expenses | $15M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $9M |
| Interest Income | $31M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $474.0K |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $7M |
| Operating Expenses | $15M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $9M |
| Interest Income | $31M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $474.0K |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $474.0K |
| Stock-Based Compensation | $792.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$532.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$83M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | -$235M |
| NET CASH FROM INVESTING | -$310M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $410M |
| NET CASH FROM FINANCING | $385M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $77M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $433M |
| Short-Term Investments | $131M |
| Net Receivables | $27M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $602M |
| PP&E (Net) | $7M |
| Goodwill | $10M |
| Intangible Assets | $0 |
| Long-Term Investments | $2.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $28M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $215M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $230M |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $82.0K |
| Additional Paid-In Capital | $215M |
| Retained Earnings | $66M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $547.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $281M |
| Minority Interest | $0 |
| TOTAL EQUITY | $281M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $215M |
| Net Debt | -$219M |
