| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $184M | $138M | $97M | 32.6% | 89.4% |
| Op. Income | $34M | -$101M | -$2M | 134.1% | 1957.5% |
| Gross Margin | 99.1% | 99.2% | 99.1% | -0.1pp | 0.0pp |
| Net Margin | 28.0% | -73.8% | -6.1% | 101.8pp | 34.1pp |
| EPS (Diluted) | $0.54 | $-1.12 | $-0.07 | 148.2% | 923.2% |
| Free Cash Flow | $60M | -$116M | $16M | 151.3% | 277.0% |
| Item | Amount |
|---|---|
| REVENUE | $184M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $182M |
| R&D Expenses | $62M |
| Selling & Marketing | $0 |
| General & Administrative | $81M |
| SG&A Expenses | $81M |
| Other Expenses | $5M |
| Operating Expenses | $148M |
| Cost & Expenses | $149M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $18M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $753.0K |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $38.0K |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $2M |
| EBIT | $60M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $184M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $182M |
| R&D Expenses | $62M |
| Selling & Marketing | $0 |
| General & Administrative | $81M |
| SG&A Expenses | $81M |
| Other Expenses | $5M |
| Operating Expenses | $148M |
| Cost & Expenses | $149M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $18M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $753.0K |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $38.0K |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $2M |
| EBIT | $60M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$120M |
| Sales/Maturities of Investments | $124M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$300.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $16.0K |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | $68M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $141M |
| Short-Term Investments | $479M |
| Net Receivables | $95M |
| Inventory | $12M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $749M |
| PP&E (Net) | $89M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $224M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $318M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $101M |
| TOTAL CURRENT LIABILITIES | $101M |
| Long-Term Debt | $398M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $483M |
| TOTAL LIABILITIES | $583M |
| Common Stock | $92.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $645.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $484M |
| Minority Interest | $0 |
| TOTAL EQUITY | $484M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $465M |
| Net Debt | $324M |
