| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $16M | $14M | 19.5% | 34.8% |
| Op. Income | $17M | $14M | $11M | 26.5% | 56.5% |
| Gross Margin | 94.4% | 95.2% | 94.0% | -0.7pp | 0.4pp |
| Net Margin | 92.0% | 86.9% | 79.2% | 5.1pp | 12.8pp |
| EPS (Diluted) | $0.53 | $0.42 | $0.36 | 26.2% | 47.2% |
| Free Cash Flow | -$31M | -$20M | $26M | -54.3% | -220.0% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $476.0K |
| SG&A Expenses | $476.0K |
| Other Expenses | -$16.0K |
| Operating Expenses | $460.0K |
| Cost & Expenses | $1M |
| OPERATING INCOME | $17M |
| Interest Income | $14M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $258.0K |
| EBIT | $17M |
| EBITDA | $17M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $476.0K |
| SG&A Expenses | $476.0K |
| Other Expenses | -$16.0K |
| Operating Expenses | $460.0K |
| Cost & Expenses | $1M |
| OPERATING INCOME | $17M |
| Interest Income | $14M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $258.0K |
| EBIT | $17M |
| EBITDA | $17M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $258.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$46M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$31M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $40M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $32M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | $306.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $558M |
| TOTAL NON-CURRENT ASSETS | $569M |
| TOTAL ASSETS | $581M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $102M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $140M |
| TOTAL NON-CURRENT LIABILITIES | $242M |
| TOTAL LIABILITIES | $243M |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $330M |
| Retained Earnings | $7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $1M |
| TOTAL STOCKHOLDERS' EQUITY | $337M |
| Minority Interest | $0 |
| TOTAL EQUITY | $337M |
| TOTAL LIABILITIES & EQUITY | $581M |
| Total Debt | $102M |
| Net Debt | $99M |
