| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39M | $38M | $37M | 2.9% | 5.6% |
| Op. Income | $11M | $13M | $9M | -15.2% | 16.2% |
| Gross Margin | 87.4% | 89.6% | 86.4% | -2.2pp | 1.0pp |
| Net Margin | 21.0% | 24.0% | 17.9% | -3.0pp | 3.1pp |
| EPS (Diluted) | $0.24 | $0.27 | $0.20 | -11.1% | 20.0% |
| Free Cash Flow | $9M | $7M | -$2M | 24.9% | 662.4% |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $10M |
| Operating Expenses | $23M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $11M |
| Interest Income | $32M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $1M |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $10M |
| Operating Expenses | $23M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $11M |
| Interest Income | $32M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $1M |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $80.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $20M |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$27M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $38M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73M |
| Short-Term Investments | $510M |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $597M |
| PP&E (Net) | $74M |
| Goodwill | $94M |
| Intangible Assets | $9M |
| Long-Term Investments | $2.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $133M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $700.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.6B |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $496M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $518M |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $212M |
| Retained Earnings | $181M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $392M |
| Minority Interest | $0 |
| TOTAL EQUITY | $392M |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $496M |
| Net Debt | $423M |
