| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | $48M | $47M | 23.8% | 24.7% |
| Op. Income | $10M | -$2M | $4M | 574.1% | 152.9% |
| Gross Margin | 89.2% | 89.3% | 89.0% | -0.1pp | 0.2pp |
| Net Margin | 19.5% | -1.3% | 9.7% | 20.8pp | 9.8pp |
| EPS (Diluted) | $0.21 | $-0.01 | $0.09 | 1910.3% | 133.3% |
| Free Cash Flow | $20M | $9M | -$21M | 118.9% | 197.9% |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $53M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $31M |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $18.0K |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $719.0K |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $53M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $31M |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $18.0K |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $719.0K |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $719.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$942.0K |
| Other Non-Cash Items | $423.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$264.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$90M |
| Sales/Maturities of Investments | $79M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $234M |
| Net Receivables | $24M |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $316M |
| PP&E (Net) | $16M |
| Goodwill | $0 |
| Intangible Assets | $24M |
| Long-Term Investments | $13M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $57M |
| TOTAL ASSETS | $372M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | -$2M |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $63M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $221.0K |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $76M |
| Common Stock | $53.0K |
| Additional Paid-In Capital | $622M |
| Retained Earnings | -$325M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $386.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $297M |
| Minority Interest | $0 |
| TOTAL EQUITY | $297M |
| TOTAL LIABILITIES & EQUITY | $372M |
| Total Debt | $15M |
| Net Debt | -$31M |
