| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $72M | $68M | $68M | 4.8% | 6.1% |
| Op. Income | $22M | $22M | $24M | 1.0% | -5.9% |
| Gross Margin | 72.0% | 75.2% | 77.8% | -3.1pp | -5.8pp |
| Net Margin | 26.0% | 27.5% | 29.9% | -1.6pp | -3.9pp |
| EPS (Diluted) | $0.55 | $0.56 | $0.57 | -1.8% | -3.5% |
| Free Cash Flow | $10M | $16M | $26M | -36.2% | -59.3% |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $52M |
| R&D Expenses | $0 |
| Selling & Marketing | $733.0K |
| General & Administrative | $20M |
| SG&A Expenses | $21M |
| Other Expenses | $9M |
| Operating Expenses | $29M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $22M |
| Interest Income | $61M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $3M |
| EBIT | $22M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $52M |
| R&D Expenses | $0 |
| Selling & Marketing | $733.0K |
| General & Administrative | $20M |
| SG&A Expenses | $21M |
| Other Expenses | $9M |
| Operating Expenses | $29M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $22M |
| Interest Income | $61M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $3M |
| EBIT | $22M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $571.0K |
| Deferred Income Tax | $16.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$412M |
| Sales/Maturities of Investments | $308M |
| Other Investing Activities | -$166M |
| NET CASH FROM INVESTING | -$274M |
| Net Debt Issuance | $221M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$89M |
| NET CASH FROM FINANCING | $122M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | -$137M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $132M |
| Short-Term Investments | $2.1B |
| Net Receivables | $25M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $150M |
| Goodwill | $201M |
| Intangible Assets | $15M |
| Long-Term Investments | $3.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $164M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $0 |
| Short-Term Debt | $26M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.5B |
| TOTAL CURRENT LIABILITIES | $4.5B |
| Long-Term Debt | $982M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $82M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $5.6B |
| Common Stock | $47M |
| Additional Paid-In Capital | $764M |
| Retained Earnings | $65M |
| Treasury Stock | -$94M |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $788M |
| Minority Interest | $0 |
| TOTAL EQUITY | $788M |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $1.0B |
| Net Debt | $887M |
