| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $79M | $76M | $74M | 3.8% | 7.4% |
| Op. Income | $21M | $18M | $16M | 16.7% | 35.2% |
| Gross Margin | 76.4% | 77.6% | 83.9% | -1.2pp | -7.5pp |
| Net Margin | 20.7% | 18.4% | 17.4% | 2.3pp | 3.3pp |
| EPS (Diluted) | $0.67 | $0.57 | $0.52 | 17.5% | 28.8% |
| Free Cash Flow | $22M | $29M | -$4M | -24.7% | 704.8% |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | $16M |
| Operating Expenses | $39M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $21M |
| Interest Income | $61M |
| Interest Expense | $15M |
| 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 | -$1.0K |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $5M |
| EBIT | $21M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | $16M |
| Operating Expenses | $39M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $21M |
| Interest Income | $61M |
| Interest Expense | $15M |
| 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 | -$1.0K |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $5M |
| EBIT | $21M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $493.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $69M |
| Other Investing Activities | $16M |
| NET CASH FROM INVESTING | $64M |
| Net Debt Issuance | -$89M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$25M |
| NET CASH FROM FINANCING | -$119M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $244M |
| Short-Term Investments | $610M |
| Net Receivables | $315M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $105M |
| Goodwill | $165M |
| Intangible Assets | $88M |
| Long-Term Investments | $3.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $200M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $5M |
| Short-Term Debt | $114M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.0B |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $676M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $85M |
| TOTAL NON-CURRENT LIABILITIES | $776M |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $239.0K |
| Additional Paid-In Capital | $477M |
| Retained Earnings | $152M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $640M |
| Minority Interest | $0 |
| TOTAL EQUITY | $640M |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $801M |
| Net Debt | $557M |
