| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $58M | $49M | 20.8% | 43.3% |
| Op. Income | $15M | $12M | $8M | 25.3% | 94.4% |
| Gross Margin | 11.6% | 13.4% | -0.5% | -1.8pp | 12.1pp |
| Net Margin | 11.9% | 7.9% | 8.6% | 4.0pp | 3.3pp |
| EPS (Diluted) | $0.13 | $0.08 | $0.09 | 54.6% | 52.2% |
| Free Cash Flow | $13M | $3M | $13M | 315.0% | -1.6% |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$7M |
| Operating Expenses | -$7M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $15M |
| Interest Income | $6M |
| Interest Expense | $9M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | -$199.0K |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $11M |
| EBIT | $21M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$7M |
| Operating Expenses | -$7M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $15M |
| Interest Income | $6M |
| Interest Expense | $9M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | -$199.0K |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $11M |
| EBIT | $21M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$51M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | -$686.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $0 |
| Net Receivables | $191M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $239M |
| PP&E (Net) | $33M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $129M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $0 |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $1000M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $82M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $549.0K |
| Additional Paid-In Capital | $430M |
| Retained Earnings | -$100M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$5M |
| TOTAL STOCKHOLDERS' EQUITY | $389M |
| Minority Interest | $248M |
| TOTAL EQUITY | $637M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $1.0B |
| Net Debt | $995M |
