| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $89M | $86M | $79M | 3.0% | 12.5% |
| Op. Income | $26M | $20M | $16M | 24.8% | 58.4% |
| Gross Margin | 78.7% | 78.6% | 77.8% | 0.2pp | 1.0pp |
| Net Margin | 29.6% | 21.7% | 20.6% | 8.0pp | 9.1pp |
| EPS (Diluted) | $0.64 | $0.46 | $0.39 | 39.1% | 64.1% |
| Free Cash Flow | $25M | $45M | $31M | -44.8% | -20.6% |
| Item | Amount |
|---|---|
| REVENUE | $89M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $70M |
| R&D Expenses | $18M |
| Selling & Marketing | $16M |
| General & Administrative | $11M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $63M |
| OPERATING INCOME | $26M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $775.0K |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $8M |
| EBIT | $27M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $89M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $70M |
| R&D Expenses | $18M |
| Selling & Marketing | $16M |
| General & Administrative | $11M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $63M |
| OPERATING INCOME | $26M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $775.0K |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $8M |
| EBIT | $27M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$515.0K |
| Other Non-Cash Items | $194.0K |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$77M |
| Sales/Maturities of Investments | $34M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$47M |
| Net Debt Issuance | -$31.0K |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $114M |
| Short-Term Investments | $234M |
| Net Receivables | $76M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $448M |
| PP&E (Net) | $106M |
| Goodwill | $7M |
| Intangible Assets | $14M |
| Long-Term Investments | $97M |
| Tax Assets | $17M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $259M |
| TOTAL ASSETS | $707M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $200M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $235M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23.0K |
| TOTAL NON-CURRENT LIABILITIES | $64M |
| TOTAL LIABILITIES | $299M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $384M |
| Retained Earnings | $21M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $408M |
| Minority Interest | $0 |
| TOTAL EQUITY | $408M |
| TOTAL LIABILITIES & EQUITY | $707M |
| Total Debt | $54M |
| Net Debt | -$60M |
