| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | — | -$1M | — | 1945.7% |
| Op. Income | $13M | — | -$9M | — | 240.4% |
| Gross Margin | 94.6% | — | 159.8% | — | -65.2pp |
| Net Margin | 33.7% | — | 941.8% | — | -908.1pp |
| EPS (Diluted) | $0.15 | — | $-0.30 | — | 150.0% |
| Free Cash Flow | $61M | — | -$112M | — | 154.5% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $12M |
| Operating Expenses | $12M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $545.0K |
| 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 | $684.0K |
| EBIT | $13M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $12M |
| Operating Expenses | $12M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $545.0K |
| 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 | $684.0K |
| EBIT | $13M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $684.0K |
| Stock-Based Compensation | $847.0K |
| Deferred Income Tax | -$87.0K |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $59M |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$21.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$65M |
| NET CASH FROM FINANCING | -$60M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | -$842.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $155M |
| Net Receivables | $55M |
| Inventory | $0 |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $278M |
| PP&E (Net) | $5M |
| Goodwill | $3M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $878.0K |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $17M |
| TOTAL ASSETS | $295M |
| Account Payables | $16M |
| Short-Term Debt | $68M |
| Deferred Revenue | $59M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $143M |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $59M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$48M |
| TOTAL NON-CURRENT LIABILITIES | $41M |
| TOTAL LIABILITIES | $184M |
| Common Stock | $58.0K |
| Additional Paid-In Capital | $98M |
| Retained Earnings | $39M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $111M |
| Minority Interest | $0 |
| TOTAL EQUITY | $111M |
| TOTAL LIABILITIES & EQUITY | $295M |
| Total Debt | $99M |
| Net Debt | $57M |
