| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36M | $35M | $35M | 3.0% | 3.3% |
| Op. Income | $13M | $13M | $14M | -0.7% | -7.8% |
| Gross Margin | 90.8% | 91.7% | 93.8% | -0.8pp | -3.0pp |
| Net Margin | 26.6% | 28.0% | 29.0% | -1.3pp | -2.4pp |
| EPS (Diluted) | $0.42 | $0.43 | $0.45 | -2.3% | -6.7% |
| Free Cash Flow | $11M | $5M | $3M | 127.8% | 285.9% |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $12M |
| SG&A Expenses | $13M |
| Other Expenses | $7M |
| Operating Expenses | $20M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $13M |
| Interest Income | $28M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $1M |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $12M |
| SG&A Expenses | $13M |
| Other Expenses | $7M |
| Operating Expenses | $20M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $13M |
| Interest Income | $28M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $1M |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $304.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$73M |
| Sales/Maturities of Investments | $69M |
| Other Investing Activities | -$54M |
| NET CASH FROM INVESTING | -$62M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $61M |
| NET CASH FROM FINANCING | $57M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $742M |
| Net Receivables | $30M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $816M |
| PP&E (Net) | $51M |
| Goodwill | $54M |
| Intangible Assets | $2M |
| Long-Term Investments | $2.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $69M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $26M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $262M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $262M |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $23M |
| Additional Paid-In Capital | $165M |
| Retained Earnings | $170M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $361M |
| Minority Interest | $0 |
| TOTAL EQUITY | $361M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $262M |
| Net Debt | $217M |
