| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $152M | $97M | $61M | 56.6% | 149.7% |
| Op. Income | $54M | -$2M | -$6M | 3033.2% | 1006.1% |
| Gross Margin | 99.0% | 99.1% | 99.3% | -0.1pp | -0.3pp |
| Net Margin | 33.5% | -6.1% | -18.3% | 39.6pp | 51.8pp |
| EPS (Diluted) | $0.52 | $-0.07 | $-0.13 | 892.7% | 500.0% |
| Free Cash Flow | $57M | $16M | -$12M | 257.1% | 566.9% |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $150M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $60M |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $96M |
| Cost & Expenses | $97M |
| OPERATING INCOME | $54M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $1M |
| EBIT | $58M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $150M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $60M |
| SG&A Expenses | $60M |
| Other Expenses | $0 |
| Operating Expenses | $96M |
| Cost & Expenses | $97M |
| OPERATING INCOME | $54M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $1M |
| EBIT | $58M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $69M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$105M |
| Sales/Maturities of Investments | $72M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$45M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $57M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $196M |
| Short-Term Investments | $440M |
| Net Receivables | $54M |
| Inventory | $6M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $714M |
| PP&E (Net) | $29M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $185M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $219M |
| TOTAL ASSETS | $934M |
| Account Payables | $0 |
| Short-Term Debt | $384M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $73M |
| TOTAL CURRENT LIABILITIES | $456M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $10M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $486M |
| Common Stock | $91.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $448M |
| Minority Interest | $0 |
| TOTAL EQUITY | $448M |
| TOTAL LIABILITIES & EQUITY | $934M |
| Total Debt | $384M |
| Net Debt | $188M |
