| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $85M | $81M | $66M | 5.1% | 28.3% |
| Op. Income | $17M | $19M | $16M | -13.6% | 4.8% |
| Gross Margin | 79.3% | 84.0% | 80.5% | -4.6pp | -1.2pp |
| Net Margin | 15.0% | 18.3% | 18.7% | -3.3pp | -3.7pp |
| EPS (Diluted) | $0.48 | $0.55 | $0.47 | -12.7% | 2.1% |
| Free Cash Flow | $11M | $17M | $13M | -36.7% | -17.8% |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $33M |
| SG&A Expenses | $35M |
| Other Expenses | $15M |
| Operating Expenses | $51M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $17M |
| Interest Income | $77M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $4M |
| EBIT | $17M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $33M |
| SG&A Expenses | $35M |
| Other Expenses | $15M |
| Operating Expenses | $51M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $17M |
| Interest Income | $77M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $4M |
| EBIT | $17M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $825.0K |
| Deferred Income Tax | -$17.0K |
| Other Non-Cash Items | -$246.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | -$220M |
| NET CASH FROM INVESTING | -$212M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $354M |
| NET CASH FROM FINANCING | $236M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $209M |
| Short-Term Investments | $330M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $539M |
| PP&E (Net) | $85M |
| Goodwill | $159M |
| Intangible Assets | $36M |
| Long-Term Investments | $3.8B |
| Tax Assets | $7M |
| Other Non-Current Assets | $134M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $0 |
| Short-Term Debt | $13M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.7B |
| TOTAL CURRENT LIABILITIES | $3.7B |
| Long-Term Debt | $393M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $75M |
| TOTAL NON-CURRENT LIABILITIES | $468M |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $271.0K |
| Additional Paid-In Capital | $471M |
| Retained Earnings | $198M |
| Treasury Stock | -$27M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $643M |
| Minority Interest | $0 |
| TOTAL EQUITY | $643M |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $406M |
| Net Debt | $197M |
