| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $20M | $12M | 6.1% | 75.6% |
| Op. Income | $5M | $2M | -$3M | 120.4% | 284.5% |
| Gross Margin | 57.2% | 52.1% | 55.8% | 5.1pp | 1.3pp |
| Net Margin | 48.9% | 42.4% | 100.0% | 6.6pp | -51.1pp |
| EPS (Diluted) | $0.55 | $0.45 | $0.66 | 22.2% | -16.7% |
| Free Cash Flow | -$19M | -$10M | -$37M | -98.7% | 48.9% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $10M |
| Operating Expenses | $13M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $27.0K |
| 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 | $125.0K |
| EBIT | $16M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $10M |
| Operating Expenses | $13M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $27.0K |
| 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 | $125.0K |
| EBIT | $16M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $125.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $27.0K |
| Other Non-Cash Items | -$36M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$16.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16.0K |
| Net Debt Issuance | $24M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $17M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $9.0K |
| Net Receivables | $38M |
| Inventory | $0 |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $66M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $611M |
| Tax Assets | $0 |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $665M |
| TOTAL ASSETS | $731M |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $392M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $413M |
| TOTAL LIABILITIES | $431M |
| Common Stock | $389.0K |
| Additional Paid-In Capital | $266M |
| Retained Earnings | $33M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $300M |
| Minority Interest | $0 |
| TOTAL EQUITY | $300M |
| TOTAL LIABILITIES & EQUITY | $731M |
| Total Debt | $402M |
| Net Debt | $399M |
