| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $57M | $56M | — | 3.1% | — |
| Op. Income | $29M | $22M | — | 31.8% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | 51.8% | 47.5% | — | 4.3pp | — |
| EPS (Diluted) | $0.05 | $0.04 | — | 14.8% | — |
| Free Cash Flow | $32M | $32M | — | -1.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $57M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $29M |
| Interest Income | $332.8K |
| Interest Expense | $0 |
| Other Income/Expenses | $332.8K |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $332.8K |
| EBIT | $29M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $57M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $29M |
| Interest Income | $332.8K |
| Interest Expense | $0 |
| Other Income/Expenses | $332.8K |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $332.8K |
| EBIT | $29M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$239.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$88M |
| Sales/Maturities of Investments | $83M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $125M |
| Short-Term Investments | $494M |
| Net Receivables | $31M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $650M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $27M |
| Long-Term Investments | -$27M |
| Tax Assets | $973.0K |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $33M |
| TOTAL ASSETS | $683M |
| Account Payables | $31M |
| Short-Term Debt | $0 |
| Deferred Revenue | $40M |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $66M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $66M |
| Common Stock | $9M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$622M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $617M |
| Minority Interest | $0 |
| TOTAL EQUITY | $617M |
| TOTAL LIABILITIES & EQUITY | $683M |
| Total Debt | $0 |
| Net Debt | -$125M |
