| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $164M | $61M | $148M | 167.4% | 10.4% |
| Op. Income | $122M | $12M | $101M | 916.7% | 20.7% |
| Gross Margin | 75.9% | 32.9% | 72.4% | 43.0pp | 3.5pp |
| Net Margin | 74.4% | 19.6% | 68.1% | 54.8pp | 6.3pp |
| EPS (Diluted) | $0.34 | $0.03 | $0.28 | 1033.3% | 21.4% |
| Free Cash Flow | $400M | $100M | $182M | 300.4% | 119.9% |
| Item | Amount |
|---|---|
| REVENUE | $164M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $124M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $487.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $122M |
| Interest Income | $153M |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $122M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $122M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $122M |
| D&A | $0 |
| EBIT | $122M |
| EBITDA | $122M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $164M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $124M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $487.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $122M |
| Interest Income | $153M |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $122M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $122M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $122M |
| D&A | $0 |
| EBIT | $122M |
| EBITDA | $122M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $122M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $270M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $400M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$129M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$60M |
| Other Financing Activities | -$708.0K |
| NET CASH FROM FINANCING | -$190M |
| FREE CASH FLOW | $400M |
| Net Change in Cash | $210M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $474M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $493M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.4B |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $61M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $61M |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $361.0K |
| Additional Paid-In Capital | $4.0B |
| Retained Earnings | -$64M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$586M |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $2.5B |
| Net Debt | $2.0B |
