| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $6M | $8M | 38.1% | -1.0% |
| Op. Income | $6M | $5M | $6M | 32.4% | 11.7% |
| Gross Margin | 88.4% | 89.6% | 91.8% | -1.2pp | -3.4pp |
| Net Margin | 78.8% | 82.2% | 69.8% | -3.4pp | 9.0pp |
| EPS (Diluted) | $0.48 | $0.36 | $0.47 | 33.3% | 2.1% |
| Free Cash Flow | -$24M | -$21M | -$12M | -14.3% | -109.6% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $904.0K |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$1M |
| Operating Expenses | $753.0K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $6M |
| Interest Income | $10M |
| Interest Expense | $904.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $0 |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $904.0K |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$1M |
| Operating Expenses | $753.0K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $6M |
| Interest Income | $10M |
| Interest Expense | $904.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $0 |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$32M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$24M |
| 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 | $28M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$59.0K |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | -$24M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $346M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $349M |
| TOTAL ASSETS | $361M |
| Account Payables | $454.0K |
| Short-Term Debt | $82M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $83M |
| Long-Term Debt | $82M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$21M |
| TOTAL NON-CURRENT LIABILITIES | $62M |
| TOTAL LIABILITIES | $144M |
| Common Stock | $26.0K |
| Additional Paid-In Capital | $347M |
| Retained Earnings | -$313.0K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$60M |
| Other Equity | -$69M |
| TOTAL STOCKHOLDERS' EQUITY | $217M |
| Minority Interest | $0 |
| TOTAL EQUITY | $217M |
| TOTAL LIABILITIES & EQUITY | $361M |
| Total Debt | $165M |
| Net Debt | $158M |
