| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | $56M | $48M | 7.0% | 23.7% |
| Op. Income | $28M | $27M | $24M | 6.6% | 17.3% |
| Gross Margin | 70.6% | 73.1% | 78.2% | -2.5pp | -7.6pp |
| Net Margin | 33.4% | 33.5% | 36.0% | -0.1pp | -2.6pp |
| EPS (Diluted) | $1.31 | $1.23 | $1.14 | 6.5% | 14.9% |
| Free Cash Flow | $13M | $18M | $16M | -30.4% | -18.8% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $4M |
| Operating Expenses | $14M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $28M |
| Interest Income | $58M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $8M |
| 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 | $269.0K |
| EBIT | $28M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $4M |
| Operating Expenses | $14M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $28M |
| Interest Income | $58M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $8M |
| 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 | $269.0K |
| EBIT | $28M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $269.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$64M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$179M |
| NET CASH FROM INVESTING | -$239M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$1.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$43M |
| NET CASH FROM FINANCING | -$49M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$272M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $304M |
| Short-Term Investments | $239M |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $562M |
| PP&E (Net) | $30M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.6B |
| Tax Assets | $18M |
| Other Non-Current Assets | $85M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.7B |
| TOTAL CURRENT LIABILITIES | $3.7B |
| Long-Term Debt | $99M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $160M |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $211M |
| Additional Paid-In Capital | $50M |
| Retained Earnings | $224M |
| Treasury Stock | -$36M |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $451M |
| Minority Interest | $0 |
| TOTAL EQUITY | $451M |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $121M |
| Net Debt | -$184M |
