| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | -$16M | $25M | 287.8% | 24.2% |
| Op. Income | $20M | -$30M | $9M | 164.5% | 122.9% |
| Gross Margin | 72.1% | 158.8% | 48.4% | -86.6pp | 23.7pp |
| Net Margin | 64.1% | 186.7% | 35.7% | -122.6pp | 28.4pp |
| EPS (Diluted) | $0.42 | $-0.65 | $0.18 | 164.6% | 133.3% |
| Free Cash Flow | $18M | $61M | $109M | -70.1% | -83.4% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $168.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $20M |
| Interest Income | $29M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $0 |
| 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 | $0 |
| EBIT | $20M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $168.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $20M |
| Interest Income | $29M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $0 |
| 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 | $0 |
| EBIT | $20M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$228M |
| Sales/Maturities of Investments | $249M |
| Other Investing Activities | -$22M |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$44M |
| Common Stock Repurchased | -$533.0K |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $26M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $579M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $614M |
| TOTAL LIABILITIES | $617M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$20M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$733M |
| TOTAL STOCKHOLDERS' EQUITY | $827M |
| Minority Interest | $0 |
| TOTAL EQUITY | $827M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $579M |
| Net Debt | $571M |
