| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $35M | $35M | 6.4% | 5.0% |
| Op. Income | $12M | $11M | $8M | 13.3% | 53.3% |
| Gross Margin | 85.8% | 84.8% | 84.6% | 1.0pp | 1.2pp |
| Net Margin | 24.9% | 24.2% | 17.6% | 0.7pp | 7.3pp |
| EPS (Diluted) | $0.31 | $0.28 | $0.21 | 10.7% | 47.6% |
| Free Cash Flow | $26M | $12M | $18M | 113.4% | 45.3% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $381.0K |
| General & Administrative | $13M |
| SG&A Expenses | $14M |
| Other Expenses | $6M |
| Operating Expenses | $20M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $12M |
| Interest Income | $29M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| 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 | $761.0K |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $381.0K |
| General & Administrative | $13M |
| SG&A Expenses | $14M |
| Other Expenses | $6M |
| Operating Expenses | $20M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $12M |
| Interest Income | $29M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| 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 | $761.0K |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $761.0K |
| Stock-Based Compensation | $668.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$37M |
| Sales/Maturities of Investments | $62M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $25M |
| Net Debt Issuance | -$74.0K |
| Common Stock Repurchased | -$13.0K |
| Common Dividends Paid | -$300.0K |
| Other Financing Activities | -$34M |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $58M |
| Short-Term Investments | $492M |
| Net Receivables | $98M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $649M |
| PP&E (Net) | $43M |
| Goodwill | $22M |
| Intangible Assets | $6M |
| Long-Term Investments | $1.8B |
| Tax Assets | $14M |
| Other Non-Current Assets | $100M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $0 |
| Short-Term Debt | $141M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $113M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $147M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $35M |
| Additional Paid-In Capital | $120M |
| Retained Earnings | $193M |
| Treasury Stock | -$96M |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $257M |
| Minority Interest | $0 |
| TOTAL EQUITY | $257M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $254M |
| Net Debt | $196M |
