| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46M | $40M | $36M | 13.5% | 25.7% |
| Op. Income | $17M | $13M | $14M | 32.9% | 27.1% |
| Gross Margin | 88.7% | 88.0% | 91.9% | 0.7pp | -3.2pp |
| Net Margin | 31.4% | 26.1% | 30.5% | 5.3pp | 0.9pp |
| EPS (Diluted) | $0.57 | $0.42 | $0.44 | 35.7% | 29.5% |
| Free Cash Flow | $13M | $10M | $13M | 31.7% | -1.6% |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $532.0K |
| General & Administrative | $16M |
| SG&A Expenses | $17M |
| Other Expenses | $6M |
| Operating Expenses | $23M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $17M |
| Interest Income | $39M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $1M |
| EBIT | $17M |
| EBITDA | $19M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $532.0K |
| General & Administrative | $16M |
| SG&A Expenses | $17M |
| Other Expenses | $6M |
| Operating Expenses | $23M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $17M |
| Interest Income | $39M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $1M |
| EBIT | $17M |
| EBITDA | $19M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $567.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$738.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$162M |
| Sales/Maturities of Investments | $157M |
| Other Investing Activities | -$92M |
| NET CASH FROM INVESTING | -$99M |
| Net Debt Issuance | $90M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | $75M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $267M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $267M |
| PP&E (Net) | $64M |
| Goodwill | $81M |
| Intangible Assets | $5M |
| Long-Term Investments | $2.9B |
| Tax Assets | $6M |
| Other Non-Current Assets | $86M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $0 |
| Short-Term Debt | $805.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $90M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $127M |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $258.0K |
| Additional Paid-In Capital | $345M |
| Retained Earnings | $180M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $513M |
| Minority Interest | $0 |
| TOTAL EQUITY | $513M |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $106M |
| Net Debt | -$161M |
