| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $58M | $56M | $51M | 2.4% | 12.5% |
| Op. Income | $15M | $16M | $16M | -6.0% | -4.9% |
| Gross Margin | 71.4% | 74.0% | 79.0% | -2.6pp | -7.7pp |
| Net Margin | 20.0% | 20.3% | 23.3% | -0.3pp | -3.2pp |
| EPS (Diluted) | $0.59 | $0.58 | $0.62 | 1.7% | -4.8% |
| Free Cash Flow | $12M | $32M | $17M | -63.0% | -31.1% |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $409.0K |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $8M |
| Operating Expenses | $26M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $15M |
| Interest Income | $45M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $1M |
| EBIT | $15M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $409.0K |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $8M |
| Operating Expenses | $26M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $15M |
| Interest Income | $45M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $1M |
| EBIT | $15M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $30.0K |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$381.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$39M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | -$132M |
| NET CASH FROM INVESTING | -$124M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$17.0K |
| Common Dividends Paid | -$973.0K |
| Other Financing Activities | $177M |
| NET CASH FROM FINANCING | $176M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $304M |
| Short-Term Investments | $379M |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $694M |
| PP&E (Net) | $37M |
| Goodwill | $24M |
| Intangible Assets | $8M |
| Long-Term Investments | $4.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $110M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.1B |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $188M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $4.1B |
| TOTAL NON-CURRENT LIABILITIES | $223M |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $17M |
| Additional Paid-In Capital | $311M |
| Retained Earnings | $176M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $494M |
| Minority Interest | $0 |
| TOTAL EQUITY | $494M |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $208M |
| Net Debt | -$96M |
