| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $22M | $20M | 6.6% | 18.8% |
| Op. Income | $12M | $8M | $7M | 62.4% | 69.1% |
| Gross Margin | 90.9% | 89.5% | 92.1% | 1.4pp | -1.2pp |
| Net Margin | 53.3% | 35.0% | 41.3% | 18.3pp | 12.0pp |
| EPS (Diluted) | $0.66 | $0.41 | $0.46 | 61.0% | 43.5% |
| Free Cash Flow | -$27M | $13M | -$2M | -300.3% | -1262.2% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | -$11M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$6.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $122.0K |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | -$11M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$6.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $122.0K |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $122.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | -$26M |
| Capital Expenditure | -$246.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$305M |
| Sales/Maturities of Investments | $143M |
| Other Investing Activities | $151M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $46M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $39M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $0 |
| Net Receivables | $44M |
| Inventory | $0 |
| Other Current Assets | -$74M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $44M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$22M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $622M |
| Account Payables | $0 |
| Short-Term Debt | $37M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$37M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $260M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | -$268M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $335M |
| Common Stock | $377.0K |
| Additional Paid-In Capital | $253M |
| Retained Earnings | -$7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $288M |
| Minority Interest | $0 |
| TOTAL EQUITY | $288M |
| TOTAL LIABILITIES & EQUITY | $622M |
| Total Debt | $297M |
| Net Debt | $267M |
