| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $41M | $37M | 2.1% | 12.1% |
| Op. Income | $14M | $20M | $25M | -27.1% | -41.7% |
| Gross Margin | 74.3% | 73.8% | 72.3% | 0.5pp | 2.0pp |
| Net Margin | 24.9% | 38.0% | 54.1% | -13.1pp | -29.2pp |
| EPS (Diluted) | $0.16 | $0.25 | $0.35 | -36.0% | -54.3% |
| Free Cash Flow | $15M | $11M | $13M | 27.4% | 8.6% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $11M |
| Operating Expenses | $17M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $14M |
| Interest Income | $817.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $10M |
| EBIT | $14M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $11M |
| Operating Expenses | $17M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $14M |
| Interest Income | $817.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $10M |
| EBIT | $14M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$599.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$47M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$65M |
| Net Debt Issuance | -$376.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $99M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $117M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | -$5.0K |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $136M |
| PP&E (Net) | $1.8B |
| Goodwill | $0 |
| Intangible Assets | $86M |
| Long-Term Investments | $2.0B |
| Tax Assets | -$3.8B |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | -$248M |
| Other Current Liabilities | -$10M |
| TOTAL CURRENT LIABILITIES | $48M |
| Long-Term Debt | $443M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$161M |
| TOTAL NON-CURRENT LIABILITIES | $483M |
| TOTAL LIABILITIES | $531M |
| Common Stock | $656.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $9M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$606.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $443M |
| Net Debt | $326M |
