| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $82M | $76M | $73M | 7.5% | 11.4% |
| Op. Income | $23M | $22M | $20M | 5.3% | 15.5% |
| Gross Margin | 84.2% | 87.1% | 89.9% | -3.0pp | -5.7pp |
| Net Margin | 24.8% | 24.9% | 23.9% | -0.1pp | 0.9pp |
| EPS (Diluted) | $0.64 | $0.60 | $0.56 | 6.7% | 14.3% |
| Free Cash Flow | -$741.0K | -$5M | -$43M | 86.0% | 98.3% |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $69M |
| R&D Expenses | $0 |
| Selling & Marketing | $840.0K |
| General & Administrative | $33M |
| SG&A Expenses | $34M |
| Other Expenses | $11M |
| Operating Expenses | $45M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $23M |
| Interest Income | $62M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $5M |
| EBIT | $23M |
| EBITDA | $28M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $69M |
| R&D Expenses | $0 |
| Selling & Marketing | $840.0K |
| General & Administrative | $33M |
| SG&A Expenses | $34M |
| Other Expenses | $11M |
| Operating Expenses | $45M |
| Cost & Expenses | $58M |
| OPERATING INCOME | $23M |
| Interest Income | $62M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $5M |
| EBIT | $23M |
| EBITDA | $28M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$52M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $64M |
| Other Investing Activities | -$86M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $44M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$26M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$741.0K |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $710M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $801M |
| PP&E (Net) | $111M |
| Goodwill | $115M |
| Intangible Assets | $12M |
| Long-Term Investments | $4.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $216M |
| TOTAL NON-CURRENT ASSETS | $5.1B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $0 |
| Short-Term Debt | $60M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.7B |
| TOTAL CURRENT LIABILITIES | $4.7B |
| Long-Term Debt | $272M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $103M |
| TOTAL NON-CURRENT LIABILITIES | $376M |
| TOTAL LIABILITIES | $5.1B |
| Common Stock | $515.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $135M |
| Treasury Stock | -$409M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $734M |
| Minority Interest | $0 |
| TOTAL EQUITY | $734M |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $333M |
| Net Debt | $242M |
