| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | $23M | $22M | 13.4% | 20.3% |
| Op. Income | $9M | $9M | $8M | -4.8% | 13.9% |
| Gross Margin | 82.0% | 82.8% | 89.5% | -0.8pp | -7.5pp |
| Net Margin | 33.1% | 39.3% | 35.0% | -6.2pp | -1.9pp |
| EPS (Diluted) | $0.45 | $0.48 | $0.41 | -6.2% | 9.8% |
| Free Cash Flow | -$6M | -$10M | $13M | 45.7% | -142.3% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | -$18M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$9.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $124.0K |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | -$18M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$9.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $124.0K |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $124.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | $21.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$126M |
| Sales/Maturities of Investments | $122M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $17M |
| Common Stock Repurchased | -$77.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.0K |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $0 |
| Net Receivables | $52M |
| Inventory | $0 |
| Other Current Assets | -$82M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$9M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $702M |
| Account Payables | $0 |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$50M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $321M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | -$341M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $409M |
| Common Stock | $383.0K |
| Additional Paid-In Capital | $259M |
| Retained Earnings | $34M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $293M |
| Minority Interest | $0 |
| TOTAL EQUITY | $293M |
| TOTAL LIABILITIES & EQUITY | $702M |
| Total Debt | $381M |
| Net Debt | $351M |
