| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48M | $42M | $35M | 14.8% | 39.5% |
| Op. Income | $19M | $9M | $6M | 105.3% | 210.0% |
| Gross Margin | 98.0% | 96.7% | 98.1% | 1.3pp | -0.1pp |
| Net Margin | 25.4% | 14.2% | 17.8% | 11.2pp | 7.6pp |
| EPS (Diluted) | $0.20 | $0.10 | $0.10 | 100.0% | 100.0% |
| Free Cash Flow | $25M | $15M | $22M | 69.1% | 12.5% |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $957.0K |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $28M |
| Operating Expenses | $28M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $7M |
| 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 | $2M |
| EBIT | $23M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $957.0K |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $28M |
| Operating Expenses | $28M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $7M |
| 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 | $2M |
| EBIT | $23M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$83M |
| Sales/Maturities of Investments | $58M |
| Other Investing Activities | -$24M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$375.0K |
| Common Stock Repurchased | -$240.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $251.0K |
| NET CASH FROM FINANCING | -$124.0K |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $663.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $22M |
| Goodwill | $0 |
| Intangible Assets | $40M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $804M |
| TOTAL NON-CURRENT ASSETS | $866M |
| TOTAL ASSETS | $887M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $144M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $232M |
| TOTAL NON-CURRENT LIABILITIES | $376M |
| TOTAL LIABILITIES | $376M |
| Common Stock | $599.0K |
| Additional Paid-In Capital | $583M |
| Retained Earnings | -$72M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$630.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $511M |
| Minority Interest | $0 |
| TOTAL EQUITY | $511M |
| TOTAL LIABILITIES & EQUITY | $887M |
| Total Debt | $144M |
| Net Debt | $123M |
