| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $68M | $60M | $42M | 12.7% | 60.0% |
| Op. Income | $32M | $27M | $9M | 21.9% | 240.6% |
| Gross Margin | 99.0% | 97.4% | 96.7% | 1.7pp | 2.3pp |
| Net Margin | 37.4% | 37.3% | 14.2% | 0.1pp | 23.1pp |
| EPS (Diluted) | $0.37 | $0.34 | $0.10 | 8.8% | 270.0% |
| Free Cash Flow | $38M | $20M | $15M | 93.9% | 157.4% |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $643.0K |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $35M |
| Operating Expenses | $35M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $2M |
| EBIT | $38M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $643.0K |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $35M |
| Operating Expenses | $35M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $2M |
| EBIT | $38M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $464.0K |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$212M |
| Sales/Maturities of Investments | $88M |
| Other Investing Activities | -$124M |
| NET CASH FROM INVESTING | -$126M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$35.0K |
| FREE CASH FLOW | $38M |
| Net Change in Cash | -$85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $23M |
| Goodwill | $0 |
| Intangible Assets | $46M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $931M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $147M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $240M |
| TOTAL NON-CURRENT LIABILITIES | $387M |
| TOTAL LIABILITIES | $387M |
| Common Stock | $658.0K |
| Additional Paid-In Capital | $671M |
| Retained Earnings | -$27M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $630M |
| Minority Interest | $0 |
| TOTAL EQUITY | $630M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $147M |
| Net Debt | $131M |
