| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $37M | $33M | 0.4% | 13.6% |
| Op. Income | $25M | $15M | $19M | 68.0% | 28.1% |
| Gross Margin | 72.3% | 73.3% | 74.2% | -1.0pp | -1.9pp |
| Net Margin | 54.1% | 27.1% | 47.4% | 27.0pp | 6.7pp |
| EPS (Diluted) | $0.35 | $0.18 | $0.29 | 94.4% | 20.7% |
| Free Cash Flow | $13M | $9M | $11M | 49.4% | 17.5% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $10M |
| Operating Expenses | $15M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $25M |
| Interest Income | $921.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $9M |
| EBIT | $25M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $10M |
| Operating Expenses | $15M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $25M |
| Interest Income | $921.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $9M |
| EBIT | $25M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | -$54M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | -$35M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $57M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $0 |
| Net Receivables | $54M |
| Inventory | -$61.0K |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $87M |
| PP&E (Net) | $1.5B |
| Goodwill | $0 |
| Intangible Assets | $77M |
| Long-Term Investments | $1.7B |
| Tax Assets | -$3.3B |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $226M |
| TOTAL CURRENT LIABILITIES | $48M |
| Long-Term Debt | $466M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$171M |
| TOTAL NON-CURRENT LIABILITIES | $495M |
| TOTAL LIABILITIES | $544M |
| Common Stock | $584.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$884.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $466M |
| Net Debt | $439M |
