| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | $68M | $61M | 2.2% | 13.4% |
| Op. Income | $24M | $27M | $24M | -10.4% | 0.6% |
| Gross Margin | 78.4% | 83.4% | 84.8% | -5.0pp | -6.4pp |
| Net Margin | 32.6% | 33.0% | 26.8% | -0.3pp | 5.8pp |
| EPS (Diluted) | $0.97 | $0.95 | $0.69 | 2.1% | 40.6% |
| Free Cash Flow | $8M | $28M | $21M | -73.2% | -63.3% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $12M |
| Operating Expenses | $30M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $24M |
| Interest Income | $61M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $2M |
| EBIT | $24M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $12M |
| Operating Expenses | $30M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $24M |
| Interest Income | $61M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $2M |
| EBIT | $24M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $923.0K |
| Deferred Income Tax | -$526.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$454.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$57M |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $34M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$38M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $158M |
| Short-Term Investments | $670M |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $848M |
| PP&E (Net) | $32M |
| Goodwill | $117M |
| Intangible Assets | $9M |
| Long-Term Investments | $4.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $136M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.2B |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $681M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $37M |
| TOTAL NON-CURRENT LIABILITIES | $718M |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $239.0K |
| Additional Paid-In Capital | $349M |
| Retained Earnings | $284M |
| Treasury Stock | -$30M |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $587M |
| Minority Interest | $0 |
| TOTAL EQUITY | $587M |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $681M |
| Net Debt | $523M |
