| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $30M | $27M | -0.7% | 11.1% |
| Op. Income | $20M | $21M | $18M | -3.1% | 10.0% |
| Gross Margin | 72.6% | 74.2% | 73.6% | -1.6pp | -1.0pp |
| Net Margin | 68.0% | 69.6% | 68.7% | -1.6pp | -0.7pp |
| EPS (Diluted) | $0.35 | $0.37 | $0.36 | -5.4% | -2.8% |
| Free Cash Flow | -$39M | -$18M | $13M | -115.2% | -402.3% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $20M |
| Interest Income | $33M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $0 |
| EBIT | $20M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $20M |
| Interest Income | $33M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $0 |
| EBIT | $20M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$67M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | -$39M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$381.0K |
| NET CASH FROM FINANCING | $41M |
| FREE CASH FLOW | -$39M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $20M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$1.8B |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $64.0K |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $880M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$22.0K |
| TOTAL NON-CURRENT LIABILITIES | $880M |
| TOTAL LIABILITIES | $907M |
| Common Stock | $59.0K |
| Additional Paid-In Capital | $933M |
| Retained Earnings | $15M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $948M |
| Minority Interest | $0 |
| TOTAL EQUITY | $948M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $880M |
| Net Debt | $867M |
