| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $13M | $15M | -3.3% | -19.5% |
| Op. Income | $9M | $9M | $12M | -5.1% | -26.8% |
| Gross Margin | 82.9% | 83.5% | 89.7% | -0.6pp | -6.8pp |
| Net Margin | 72.5% | 73.9% | 79.7% | -1.4pp | -7.2pp |
| EPS (Diluted) | $0.60 | $0.65 | $0.89 | -7.7% | -32.6% |
| Free Cash Flow | -$11M | $53M | $10M | -120.4% | -206.0% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$797.0K |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $9M |
| Interest Income | $11M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $0 |
| 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 | $0 |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$797.0K |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $9M |
| Interest Income | $11M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $0 |
| 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 | $0 |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$20M |
| Change in Working Capital | -$50.0K |
| OPERATING CASH FLOW | -$11M |
| 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 | $7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$130.0K |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $227.0K |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $408M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $410M |
| TOTAL ASSETS | $415M |
| Account Payables | $1M |
| Short-Term Debt | $59M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $61M |
| Long-Term Debt | $56M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $53M |
| TOTAL NON-CURRENT LIABILITIES | $108M |
| TOTAL LIABILITIES | $169M |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $355M |
| Retained Earnings | $90.0K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | -$93M |
| TOTAL STOCKHOLDERS' EQUITY | $246M |
| Minority Interest | $0 |
| TOTAL EQUITY | $246M |
| TOTAL LIABILITIES & EQUITY | $415M |
| Total Debt | $115M |
| Net Debt | $115M |
