| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47M | $44M | — | 5.1% | — |
| Op. Income | $44M | $42M | — | 4.3% | — |
| Gross Margin | 98.9% | 99.8% | — | -0.9pp | — |
| Net Margin | 93.9% | 94.6% | — | -0.7pp | — |
| EPS (Diluted) | $0.82 | $0.80 | — | 2.5% | — |
| Free Cash Flow | -$201M | -$3M | — | -7679.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $534.0K |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $307.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $44M |
| Interest Income | $19M |
| Interest Expense | $534.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $0 |
| EBIT | $44M |
| EBITDA | $44M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $534.0K |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $307.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $44M |
| Interest Income | $19M |
| Interest Expense | $534.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $0 |
| EBIT | $44M |
| EBITDA | $44M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $51.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$310M |
| Change in Working Capital | $65M |
| OPERATING CASH FLOW | -$201M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $224M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $219M |
| FREE CASH FLOW | -$201M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $155M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $182M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.2B |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $221M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $245M |
| TOTAL LIABILITIES | $247M |
| Common Stock | $108.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $256.0K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$32M |
| TOTAL STOCKHOLDERS' EQUITY | $973M |
| Minority Interest | $0 |
| TOTAL EQUITY | $973M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $221M |
| Net Debt | $194M |
