| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | $68M | $58M | 2.4% | 20.6% |
| Op. Income | $22M | $24M | $12M | -7.0% | 90.7% |
| Gross Margin | 87.0% | 90.0% | 91.9% | -3.0pp | -4.9pp |
| Net Margin | 24.4% | 26.6% | 13.3% | -2.2pp | 11.1pp |
| EPS (Diluted) | $0.35 | $0.38 | $0.18 | -7.9% | 94.4% |
| Free Cash Flow | $28M | $31M | $8M | -10.9% | 244.3% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $24M |
| SG&A Expenses | $25M |
| Other Expenses | $13M |
| Operating Expenses | $38M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $22M |
| Interest Income | $57M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $2M |
| EBIT | $22M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $24M |
| SG&A Expenses | $25M |
| Other Expenses | $13M |
| Operating Expenses | $38M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $22M |
| Interest Income | $57M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $2M |
| EBIT | $22M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$148.0K |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$880.0K |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $69M |
| Other Investing Activities | -$73M |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$597.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $142M |
| Short-Term Investments | $955M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $64M |
| Goodwill | $149M |
| Intangible Assets | $17M |
| Long-Term Investments | $4.4B |
| Tax Assets | $26M |
| Other Non-Current Assets | $228M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $0 |
| Short-Term Debt | $200M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.7B |
| TOTAL CURRENT LIABILITIES | $4.9B |
| Long-Term Debt | $276M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $309M |
| TOTAL LIABILITIES | $5.2B |
| Common Stock | $5M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $711M |
| TOTAL STOCKHOLDERS' EQUITY | $716M |
| Minority Interest | $0 |
| TOTAL EQUITY | $716M |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $476M |
| Net Debt | $334M |
