| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36M | $34M | $32M | 6.4% | 13.9% |
| Op. Income | $14M | $11M | $12M | 21.6% | 15.1% |
| Gross Margin | 91.9% | 91.5% | 95.3% | 0.4pp | -3.4pp |
| Net Margin | 30.5% | 26.7% | 27.4% | 3.7pp | 3.1pp |
| EPS (Diluted) | $0.44 | $0.37 | $0.39 | 18.9% | 12.8% |
| Free Cash Flow | $13M | $7M | $7M | 82.4% | 100.6% |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $475.0K |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $4M |
| Operating Expenses | $20M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $14M |
| Interest Income | $33M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $1M |
| EBIT | $14M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $475.0K |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $4M |
| Operating Expenses | $20M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $14M |
| Interest Income | $33M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $1M |
| EBIT | $14M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $347.0K |
| Deferred Income Tax | -$328.0K |
| Other Non-Cash Items | $292.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$299.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$92M |
| Sales/Maturities of Investments | $81M |
| Other Investing Activities | -$48M |
| NET CASH FROM INVESTING | -$60M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$38M |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $245M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $245M |
| PP&E (Net) | $53M |
| Goodwill | $81M |
| Intangible Assets | $6M |
| Long-Term Investments | $2.6B |
| Tax Assets | $7M |
| Other Non-Current Assets | $84M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $0 |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.6B |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $57M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $77M |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $257.0K |
| Additional Paid-In Capital | $344M |
| Retained Earnings | $136M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $461M |
| Minority Interest | $0 |
| TOTAL EQUITY | $461M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $58M |
| Net Debt | -$187M |
