| Metric | Q3 2014 | Q2 2014 | Q3 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $21M | $20M | 1.8% | 4.2% |
| Op. Income | $9M | $9M | $9M | 1.3% | 7.0% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 23.3% | 23.8% | 23.2% | -0.6pp | 0.1pp |
| EPS (Diluted) | $0.39 | $0.39 | $0.38 | 0.0% | 2.6% |
| Free Cash Flow | -$70M | -$83M | -$62M | 15.6% | -11.9% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $4M |
| Operating Expenses | $14M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $9M |
| Interest Income | $17M |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $407.0K |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $4M |
| Operating Expenses | $14M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $9M |
| Interest Income | $17M |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $407.0K |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $407.0K |
| Stock-Based Compensation | $315.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$83M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $76M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $738.0K |
| NET CASH FROM FINANCING | -$871.0K |
| FREE CASH FLOW | -$70M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $104M |
| Short-Term Investments | $6M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | -$4M |
| TOTAL CURRENT ASSETS | $110M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $622M |
| TOTAL NON-CURRENT ASSETS | $630M |
| TOTAL ASSETS | $740M |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$13M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $570M |
| Common Stock | $128.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $81M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $88M |
| TOTAL STOCKHOLDERS' EQUITY | $170M |
| Minority Interest | $0 |
| TOTAL EQUITY | $170M |
| TOTAL LIABILITIES & EQUITY | $740M |
| Total Debt | $535M |
| Net Debt | $430M |
