| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $73M | $73M | $57M | 1.1% | 27.9% |
| Op. Income | $28M | $29M | $20M | -4.4% | 42.2% |
| Gross Margin | 91.2% | 93.4% | 94.1% | -2.2pp | -2.9pp |
| Net Margin | 30.0% | 31.3% | 22.8% | -1.3pp | 7.2pp |
| EPS (Diluted) | $0.74 | $0.77 | $0.53 | -3.9% | 39.6% |
| Free Cash Flow | $24M | -$11M | -$14M | 315.2% | 267.3% |
| Item | Amount |
|---|---|
| REVENUE | $73M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $16M |
| Operating Expenses | $39M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $28M |
| Interest Income | $58M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $3M |
| EBIT | $28M |
| EBITDA | $31M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $73M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $16M |
| Operating Expenses | $39M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $28M |
| Interest Income | $58M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $3M |
| EBIT | $28M |
| EBITDA | $31M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $374.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$27M |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | -$528.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$25M |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | -$49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $511M |
| Short-Term Investments | $353M |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $879M |
| PP&E (Net) | $117M |
| Goodwill | $232M |
| Intangible Assets | $22M |
| Long-Term Investments | $4.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $180M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.5B |
| TOTAL CURRENT LIABILITIES | $4.5B |
| Long-Term Debt | $407M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $438M |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $434M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $321M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $3M |
| TOTAL STOCKHOLDERS' EQUITY | $743M |
| Minority Interest | $0 |
| TOTAL EQUITY | $743M |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $407M |
| Net Debt | -$104M |
