| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $22M | $23M | 2.3% | -2.8% |
| Op. Income | $4M | $4M | $7M | -4.4% | -35.0% |
| Gross Margin | 72.0% | 74.0% | 77.1% | -2.0pp | -5.1pp |
| Net Margin | 14.3% | 15.4% | 22.0% | -1.1pp | -7.6pp |
| EPS (Diluted) | $0.12 | $0.13 | $0.18 | -7.7% | -33.3% |
| Free Cash Flow | $4M | $6M | $3M | -42.0% | 31.9% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $370.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $4M |
| Interest Income | $20M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $971.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $621.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $370.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $4M |
| Interest Income | $20M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $971.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $621.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $621.0K |
| Stock-Based Compensation | $408.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $441.0K |
| Change in Working Capital | -$806.0K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$370.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | -$41M |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $235M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $265M |
| PP&E (Net) | $24M |
| Goodwill | $12M |
| Intangible Assets | $4M |
| Long-Term Investments | $1.7B |
| Tax Assets | $8M |
| Other Non-Current Assets | $98M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $0 |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $176M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $203M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $267.0K |
| Additional Paid-In Capital | $165M |
| Retained Earnings | $78M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | -$6M |
| TOTAL STOCKHOLDERS' EQUITY | $230M |
| Minority Interest | $0 |
| TOTAL EQUITY | $230M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $226M |
| Net Debt | $201M |
