| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $18M | $15M | -3.8% | 13.9% |
| Op. Income | $7M | $8M | $5M | -13.6% | 28.8% |
| Gross Margin | 92.6% | 94.2% | 91.5% | -1.6pp | 1.1pp |
| Net Margin | 31.9% | 35.1% | 25.6% | -3.1pp | 6.3pp |
| EPS (Diluted) | $0.45 | $0.52 | $0.32 | -13.5% | 40.6% |
| Free Cash Flow | $6M | $6M | $7M | 5.6% | -16.7% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $4M |
| Operating Expenses | $9M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $7M |
| Interest Income | $13M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| 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 | $467.0K |
| EBIT | $7M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $4M |
| Operating Expenses | $9M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $7M |
| Interest Income | $13M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| 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 | $467.0K |
| EBIT | $7M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $467.0K |
| Stock-Based Compensation | $162.0K |
| Deferred Income Tax | -$279.0K |
| Other Non-Cash Items | -$600.0K |
| Change in Working Capital | $914.0K |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$275.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$44M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $359M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $401M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $815M |
| Tax Assets | $5M |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $884M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $10M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $33M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $13M |
| Additional Paid-In Capital | $72M |
| Retained Earnings | $120M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $190M |
| Minority Interest | $0 |
| TOTAL EQUITY | $190M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $41M |
| Net Debt | $3M |
