| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39M | $39M | $33M | 1.6% | 19.6% |
| Op. Income | $21M | $20M | $17M | 4.2% | 25.5% |
| Gross Margin | 90.4% | 90.3% | 90.1% | 0.2pp | 0.3pp |
| Net Margin | 37.0% | 34.4% | 34.5% | 2.6pp | 2.5pp |
| EPS (Diluted) | $0.18 | $0.17 | $0.15 | 5.9% | 20.0% |
| Free Cash Flow | $30M | $19M | $22M | 53.3% | 35.6% |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $21M |
| Interest Income | $317.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $317.0K |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $11M |
| EBIT | $21M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $21M |
| Interest Income | $317.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $317.0K |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $11M |
| EBIT | $21M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $988.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$225.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$560.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$33M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | -$60M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $83M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $32M |
| PP&E (Net) | $1.2B |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $18M |
| Tax Assets | -$1.2B |
| Other Non-Current Assets | -$1M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.2B |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $126M |
| Long-Term Debt | $485M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $395M |
| TOTAL LIABILITIES | $520M |
| Common Stock | $834.0K |
| Additional Paid-In Capital | $915M |
| Retained Earnings | -$196M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$196M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $720M |
| Minority Interest | $0 |
| TOTAL EQUITY | $720M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $485M |
| Net Debt | $469M |
