| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $25M | $25M | -2.7% | -5.1% |
| Op. Income | $4M | $3M | $3M | 2.2% | 2.0% |
| Gross Margin | 86.2% | 86.0% | 84.7% | 0.2pp | 1.5pp |
| Net Margin | 9.7% | 9.2% | 9.1% | 0.5pp | 0.5pp |
| EPS (Diluted) | $0.21 | $0.20 | $0.24 | 5.0% | -12.5% |
| Free Cash Flow | $40M | -$38M | $12M | 206.3% | 248.5% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $263.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $3M |
| Operating Expenses | $17M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $4M |
| Interest Income | $15M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | -$352.0K |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $688.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $263.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $3M |
| Operating Expenses | $17M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $4M |
| Interest Income | $15M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | -$352.0K |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $688.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $688.0K |
| Stock-Based Compensation | $179.0K |
| Deferred Income Tax | -$648.0K |
| Other Non-Cash Items | $38M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$389.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$36M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$105M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$262.0K |
| Other Financing Activities | $68M |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $187M |
| Net Receivables | $26M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $248M |
| PP&E (Net) | $27M |
| Goodwill | $18M |
| Intangible Assets | $0 |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $14M |
| Short-Term Debt | $25M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $118M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $118M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $10M |
| Additional Paid-In Capital | $98M |
| Retained Earnings | $36M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $149M |
| Minority Interest | $0 |
| TOTAL EQUITY | $149M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $143M |
| Net Debt | $108M |
