| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | $85M | $50M | -29.6% | 19.6% |
| Op. Income | $15M | $30M | $13M | -49.2% | 20.2% |
| Gross Margin | 83.7% | 80.2% | 87.2% | 3.5pp | -3.5pp |
| Net Margin | 16.9% | 23.6% | 16.7% | -6.7pp | 0.2pp |
| EPS (Diluted) | $0.47 | $0.95 | $0.40 | -50.5% | 17.5% |
| Free Cash Flow | $6M | $43M | -$11M | -86.4% | 155.1% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $23M |
| SG&A Expenses | $25M |
| Other Expenses | $10M |
| Operating Expenses | $35M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $15M |
| Interest Income | $48M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $2M |
| EBIT | $15M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $23M |
| SG&A Expenses | $25M |
| Other Expenses | $10M |
| Operating Expenses | $35M |
| Cost & Expenses | $44M |
| OPERATING INCOME | $15M |
| Interest Income | $48M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $2M |
| EBIT | $15M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $286.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $73M |
| Other Investing Activities | -$217M |
| NET CASH FROM INVESTING | -$167M |
| Net Debt Issuance | $535M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$246M |
| NET CASH FROM FINANCING | $285M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $127M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $333M |
| Short-Term Investments | $465M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $812M |
| PP&E (Net) | $44M |
| Goodwill | $16M |
| Intangible Assets | $0 |
| Long-Term Investments | $3.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $147M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $0 |
| Short-Term Debt | $113M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.1B |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $5M |
| Additional Paid-In Capital | $139M |
| Retained Earnings | $481M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $627M |
| Minority Interest | $0 |
| TOTAL EQUITY | $627M |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $1.2B |
| Net Debt | $824M |
