| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $153M | $35M | $36M | 342.1% | 320.9% |
| Op. Income | $69M | -$51M | -$33M | 237.2% | 311.2% |
| Gross Margin | 96.3% | 74.0% | 80.6% | 22.3pp | 15.6pp |
| Net Margin | 39.8% | -173.1% | -119.0% | 212.9pp | 158.8pp |
| EPS (Diluted) | $5.55 | $-5.85 | $-4.80 | 194.9% | 215.6% |
| Free Cash Flow | $92M | -$61M | -$28M | 251.6% | 430.6% |
| Item | Amount |
|---|---|
| REVENUE | $153M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $147M |
| R&D Expenses | $66M |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $83M |
| OPERATING INCOME | $69M |
| Interest Income | $2M |
| Interest Expense | $10M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $202.0K |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $4M |
| EBIT | $71M |
| EBITDA | $75M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $153M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $147M |
| R&D Expenses | $66M |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $83M |
| OPERATING INCOME | $69M |
| Interest Income | $2M |
| Interest Expense | $10M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $202.0K |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $4M |
| EBIT | $71M |
| EBITDA | $75M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $93M |
| Capital Expenditure | -$939.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$193M |
| Sales/Maturities of Investments | $114M |
| Other Investing Activities | -$80M |
| NET CASH FROM INVESTING | -$81M |
| Net Debt Issuance | -$790.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $92M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $315M |
| Net Receivables | $3M |
| Inventory | $14M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $383M |
| PP&E (Net) | $62M |
| Goodwill | $77M |
| Intangible Assets | $0 |
| Long-Term Investments | $60M |
| Tax Assets | $0 |
| Other Non-Current Assets | $767.0K |
| TOTAL NON-CURRENT ASSETS | $199M |
| TOTAL ASSETS | $582M |
| Account Payables | $9M |
| Short-Term Debt | $2M |
| Deferred Revenue | $25M |
| Other Current Liabilities | $34M |
| TOTAL CURRENT LIABILITIES | $93M |
| Long-Term Debt | $245M |
| Deferred Revenue NC | $56M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $104M |
| TOTAL NON-CURRENT LIABILITIES | $405M |
| TOTAL LIABILITIES | $498M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | -$2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $84M |
| Minority Interest | $0 |
| TOTAL EQUITY | $84M |
| TOTAL LIABILITIES & EQUITY | $582M |
| Total Debt | $247M |
| Net Debt | $209M |
