| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $109M | $98M | $69M | 11.8% | 59.7% |
| Op. Income | $57M | $56M | $34M | 1.9% | 65.4% |
| Gross Margin | 81.6% | 82.6% | 79.6% | -1.0pp | 2.1pp |
| Net Margin | 31.3% | 36.1% | 17.9% | -4.7pp | 13.5pp |
| EPS (Diluted) | $0.12 | $0.13 | $0.04 | -3.2% | 177.3% |
| Free Cash Flow | -$392M | -$72M | -$38M | -443.2% | -937.2% |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $89M |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $15M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $57M |
| Interest Income | $7M |
| Interest Expense | $16M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $7M |
| EBIT | $50M |
| EBITDA | $57M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $89M |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $15M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $57M |
| Interest Income | $7M |
| Interest Expense | $16M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $7M |
| EBIT | $50M |
| EBITDA | $57M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $47M |
| Change in Working Capital | -$473M |
| OPERATING CASH FLOW | -$376M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | -$4M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $411M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$48.0K |
| NET CASH FROM FINANCING | $411M |
| FREE CASH FLOW | -$392M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $539M |
| Net Receivables | $2.5B |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $75M |
| Goodwill | $0 |
| Intangible Assets | $64M |
| Long-Term Investments | $4M |
| Tax Assets | $52M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $199M |
| TOTAL ASSETS | $3.3B |
| Account Payables | $19M |
| Short-Term Debt | $423M |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $564M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $585M |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $12.4K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $29M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | -$107.7K |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $988M |
| Net Debt | $956M |
