| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27M | $36M | $52M | -25.5% | -48.5% |
| Op. Income | $9M | $5M | $11M | 88.2% | -20.7% |
| Gross Margin | 44.9% | 22.0% | 29.1% | 22.9pp | 15.8pp |
| Net Margin | 34.3% | -15.5% | 10.6% | 49.8pp | 23.7pp |
| EPS (Diluted) | $1.09 | $-0.67 | $0.66 | 262.7% | 65.2% |
| Free Cash Flow | $12M | $6M | $25M | 110.0% | -53.7% |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $3M |
| EBIT | $9M |
| EBITDA | $12M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $3M |
| EBIT | $9M |
| EBITDA | $12M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $481.0K |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$492.0K |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $30M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $78M |
| PP&E (Net) | $337M |
| Goodwill | $2M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $341M |
| TOTAL ASSETS | $419M |
| Account Payables | $3M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $170M |
| Deferred Revenue NC | $25M |
| Deferred Tax Liabilities | $28M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $227M |
| TOTAL LIABILITIES | $242M |
| Common Stock | $8M |
| Additional Paid-In Capital | $19M |
| Retained Earnings | $151M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $171M |
| Minority Interest | $6M |
| TOTAL EQUITY | $176M |
| TOTAL LIABILITIES & EQUITY | $419M |
| Total Debt | $175M |
| Net Debt | $149M |
