| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $21M | $18M | 16.9% | 34.7% |
| Op. Income | $6M | $2M | $4M | 186.2% | 63.9% |
| Gross Margin | 92.8% | 92.2% | 92.0% | 0.6pp | 0.8pp |
| Net Margin | 24.3% | 19.0% | 19.0% | 5.3pp | 5.3pp |
| EPS (Diluted) | $0.26 | $0.17 | $0.15 | 52.9% | 73.3% |
| Free Cash Flow | $6M | $3M | $2M | 77.7% | 208.7% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $22M |
| R&D Expenses | $10M |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $309.0K |
| Operating Expenses | $16M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $6M |
| Interest Income | $821.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $821.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $309.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $22M |
| R&D Expenses | $10M |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $6M |
| Other Expenses | $309.0K |
| Operating Expenses | $16M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $6M |
| Interest Income | $821.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $821.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $309.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $833.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $228.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $115M |
| Net Receivables | $13M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $156M |
| PP&E (Net) | $7M |
| Goodwill | $47M |
| Intangible Assets | $2M |
| Long-Term Investments | $39M |
| Tax Assets | $3M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $111M |
| TOTAL ASSETS | $267M |
| Account Payables | $468.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $4M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $28M |
| Common Stock | $22.0K |
| Additional Paid-In Capital | $216M |
| Retained Earnings | $51M |
| Treasury Stock | -$28M |
| Accum. Other Comp. Income | -$201.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $239M |
| Minority Interest | $0 |
| TOTAL EQUITY | $239M |
| TOTAL LIABILITIES & EQUITY | $267M |
| Total Debt | $0 |
| Net Debt | -$23M |
