| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $43M | $40M | -7.4% | -1.1% |
| Op. Income | $11M | $9M | $13M | 21.8% | -13.2% |
| Gross Margin | 37.4% | 30.9% | 40.6% | 6.5pp | -3.2pp |
| Net Margin | 20.5% | 15.3% | 19.3% | 5.2pp | 1.3pp |
| EPS (Diluted) | $0.50 | $0.44 | $0.52 | 13.6% | -3.8% |
| Free Cash Flow | -$574.0K | $9M | $14M | -106.6% | -104.2% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $26.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $260.0K |
| Other Income/Expenses | -$111.0K |
| 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 | $2M |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $15M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $26.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $260.0K |
| Other Income/Expenses | -$111.0K |
| 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 | $2M |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $277.0K |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$6.0K |
| Change in Working Capital | $611.0K |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | -$25M |
| Purchases of Investments | -$321.0K |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$42M |
| Net Debt Issuance | -$37M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $64M |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | -$574.0K |
| Net Change in Cash | $12.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $505.0K |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $5M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $27M |
| PP&E (Net) | $225M |
| Goodwill | $1M |
| Intangible Assets | $6M |
| Long-Term Investments | $46M |
| Tax Assets | $28M |
| Other Non-Current Assets | $78M |
| TOTAL NON-CURRENT ASSETS | $385M |
| TOTAL ASSETS | $412M |
| Account Payables | $20M |
| Short-Term Debt | $3M |
| Deferred Revenue | $473.0K |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $71M |
| Deferred Revenue NC | $25.0K |
| Deferred Tax Liabilities | $28M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $147M |
| TOTAL LIABILITIES | $174M |
| Common Stock | $177.0K |
| Additional Paid-In Capital | $159M |
| Retained Earnings | $55M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $237M |
| Minority Interest | $593.0K |
| TOTAL EQUITY | $237M |
| TOTAL LIABILITIES & EQUITY | $412M |
| Total Debt | $74M |
| Net Debt | $73M |
