| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $61M | $60M | $40M | 1.4% | 50.8% |
| Op. Income | $26M | $27M | $22M | -4.9% | 15.3% |
| Gross Margin | 85.9% | 87.5% | 87.8% | -1.6pp | -1.9pp |
| Net Margin | 17.9% | 21.8% | 44.9% | -3.9pp | -27.0pp |
| EPS (Diluted) | $0.17 | $0.20 | $0.28 | -15.0% | -39.3% |
| Free Cash Flow | $25M | $36M | $24M | -32.0% | 0.8% |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $52M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $48M |
| Operating Expenses | $52M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $26M |
| Interest Income | $81.0K |
| Interest Expense | $15M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | -$63.0K |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $17M |
| EBIT | $26M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $52M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $48M |
| Operating Expenses | $52M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $26M |
| Interest Income | $81.0K |
| Interest Expense | $15M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | -$63.0K |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $17M |
| EBIT | $26M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $183.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$37M |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | $42M |
| Common Stock Repurchased | -$223.0K |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $20M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $0 |
| Net Receivables | $61M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $85M |
| PP&E (Net) | $146M |
| Goodwill | $0 |
| Intangible Assets | $146M |
| Long-Term Investments | $9M |
| Tax Assets | -$9M |
| Other Non-Current Assets | $2.1B |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $12M |
| Other Current Liabilities | -$22M |
| TOTAL CURRENT LIABILITIES | $688M |
| Long-Term Debt | $750M |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | -$12M |
| Other Non-Current Liabilities | $659M |
| TOTAL NON-CURRENT LIABILITIES | $775M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $652.0K |
| Additional Paid-In Capital | $999M |
| Retained Earnings | $130M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $91.0K |
| Other Equity | -$125M |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $1.4B |
| Net Debt | $1.4B |
