| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $81M | — | $78M | — | 3.8% |
| Op. Income | $10M | — | $3M | — | 219.7% |
| Gross Margin | 15.7% | — | 7.1% | — | 8.6pp |
| Net Margin | 11.7% | — | 4.3% | — | 7.4pp |
| EPS (Diluted) | $0.22 | — | $0.08 | — | 175.0% |
| Free Cash Flow | $12M | — | $8M | — | 56.6% |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $13M |
| R&D Expenses | $877.0K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $71M |
| OPERATING INCOME | $10M |
| Interest Income | $3M |
| Interest Expense | $43.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $3M |
| EBIT | $14M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $13M |
| R&D Expenses | $877.0K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $71M |
| OPERATING INCOME | $10M |
| Interest Income | $3M |
| Interest Expense | $43.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $3M |
| EBIT | $14M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $107.0K |
| Deferred Income Tax | $276.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | -$629.0K |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$176.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$176.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$573.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $199M |
| Short-Term Investments | $103M |
| Net Receivables | $22M |
| Inventory | $48M |
| Other Current Assets | $821.0K |
| TOTAL CURRENT ASSETS | $374M |
| PP&E (Net) | $104M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | -$17M |
| Tax Assets | $17M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $109M |
| TOTAL ASSETS | $483M |
| Account Payables | $35M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $52M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $85M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $282M |
| Retained Earnings | $116M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $124.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $398M |
| Minority Interest | $0 |
| TOTAL EQUITY | $398M |
| TOTAL LIABILITIES & EQUITY | $483M |
| Total Debt | $0 |
| Net Debt | -$199M |
