| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $11M | $7M | 5.1% | 66.9% |
| Op. Income | $8M | $7M | $5M | 3.7% | 54.1% |
| Gross Margin | 74.1% | 77.7% | 127.4% | -3.6pp | -53.3pp |
| Net Margin | 65.4% | 66.4% | 86.8% | -1.0pp | -21.4pp |
| EPS (Diluted) | $0.48 | $0.46 | $0.39 | 4.3% | 23.1% |
| Free Cash Flow | -$59M | -$52M | $21M | -13.0% | -381.8% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $996.4K |
| SG&A Expenses | $996.4K |
| Other Expenses | $0 |
| Operating Expenses | $996.4K |
| Cost & Expenses | $4M |
| OPERATING INCOME | $8M |
| Interest Income | $12M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $9.2K |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $0 |
| EBIT | $11M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $996.4K |
| SG&A Expenses | $996.4K |
| Other Expenses | $0 |
| Operating Expenses | $996.4K |
| Cost & Expenses | $4M |
| OPERATING INCOME | $8M |
| Interest Income | $12M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $9.2K |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $0 |
| EBIT | $11M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $9.2K |
| Other Non-Cash Items | -$68M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$59M |
| 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 | $41M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $34M |
| FREE CASH FLOW | -$59M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | -$280.8K |
| TOTAL CURRENT ASSETS | $25M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $500M |
| Tax Assets | $0 |
| Other Non-Current Assets | $280.8K |
| TOTAL NON-CURRENT ASSETS | $500M |
| TOTAL ASSETS | $525M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $292M |
| Deferred Revenue NC | $212.1K |
| Deferred Tax Liabilities | $9.2K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $295M |
| TOTAL LIABILITIES | $300M |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $228M |
| Retained Earnings | -$2M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$2M |
| TOTAL STOCKHOLDERS' EQUITY | $224M |
| Minority Interest | $0 |
| TOTAL EQUITY | $224M |
| TOTAL LIABILITIES & EQUITY | $525M |
| Total Debt | $292M |
| Net Debt | $271M |
