| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $12M | $4M | 34.9% | 271.9% |
| Op. Income | $11M | $8M | $3M | 39.3% | 325.7% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 52.6% | 48.0% | 49.7% | 4.5pp | 2.9pp |
| EPS (Diluted) | $0.55 | $0.40 | $0.25 | 37.5% | 120.0% |
| Free Cash Flow | -$44M | -$1M | -$17M | -2917.2% | -167.8% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $243.0K |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | $5M |
| Operating Expenses | $8M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $11M |
| Interest Income | $16M |
| Interest Expense | $92.9K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | -$11M |
| EBIT | $9M |
| EBITDA | -$3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $243.0K |
| General & Administrative | $4M |
| SG&A Expenses | $5M |
| Other Expenses | $5M |
| Operating Expenses | $8M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $11M |
| Interest Income | $16M |
| Interest Expense | $92.9K |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | -$11M |
| EBIT | $9M |
| EBITDA | -$3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | -$3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$53M |
| Change in Working Capital | $519.7K |
| OPERATING CASH FLOW | -$44M |
| 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 | -$7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $64M |
| NET CASH FROM FINANCING | $56M |
| FREE CASH FLOW | -$44M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $86M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $109M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $281M |
| TOTAL NON-CURRENT ASSETS | $281M |
| TOTAL ASSETS | $391M |
| Account Payables | $0 |
| Short-Term Debt | $86M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $98M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $98M |
| Common Stock | $198.0K |
| Additional Paid-In Capital | $295M |
| Retained Earnings | -$3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $292M |
| Minority Interest | $0 |
| TOTAL EQUITY | $292M |
| TOTAL LIABILITIES & EQUITY | $391M |
| Total Debt | $86M |
| Net Debt | $71M |
