| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | $37M | $35M | 3.5% | 9.4% |
| Op. Income | $13M | $13M | $12M | -2.2% | 2.4% |
| Gross Margin | 77.0% | 80.8% | 82.2% | -3.8pp | -5.2pp |
| Net Margin | 27.6% | 28.2% | 24.0% | -0.5pp | 3.7pp |
| EPS (Diluted) | $0.23 | $0.22 | $0.18 | 4.5% | 27.8% |
| Free Cash Flow | $12M | $13M | $10M | -10.5% | 21.8% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $30M |
| R&D Expenses | $0 |
| Selling & Marketing | $643.0K |
| General & Administrative | $9M |
| SG&A Expenses | $10M |
| Other Expenses | $7M |
| Operating Expenses | $17M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $13M |
| Interest Income | $36M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $843.0K |
| EBIT | $13M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $30M |
| R&D Expenses | $0 |
| Selling & Marketing | $643.0K |
| General & Administrative | $9M |
| SG&A Expenses | $10M |
| Other Expenses | $7M |
| Operating Expenses | $17M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $13M |
| Interest Income | $36M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $843.0K |
| EBIT | $13M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $843.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$98.0K |
| Change in Working Capital | -$766.0K |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$534.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$95M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | -$77M |
| NET CASH FROM INVESTING | -$132M |
| Net Debt Issuance | -$64.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $131M |
| NET CASH FROM FINANCING | $126M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $59M |
| Short-Term Investments | $625M |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $695M |
| PP&E (Net) | $25M |
| Goodwill | $38M |
| Intangible Assets | $0 |
| Long-Term Investments | $3.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $225M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.0B |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $524M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $542M |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $609.0K |
| Additional Paid-In Capital | $544M |
| Retained Earnings | $293M |
| Treasury Stock | -$155M |
| Accum. Other Comp. Income | -$12M |
| Other Equity | -$22M |
| TOTAL STOCKHOLDERS' EQUITY | $650M |
| Minority Interest | $0 |
| TOTAL EQUITY | $650M |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $524M |
| Net Debt | $466M |
