| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7M | $7M | $7M | 5.2% | -1.4% |
| Op. Income | $5M | $4M | $5M | 6.4% | -4.5% |
| Gross Margin | 77.5% | 80.7% | 79.9% | -3.2pp | -2.4pp |
| Net Margin | 48.5% | 45.2% | 46.7% | 3.3pp | 1.8pp |
| EPS (Diluted) | $0.74 | $0.65 | $0.72 | 13.8% | 2.8% |
| Free Cash Flow | $4M | $2M | $5M | 100.3% | -25.8% |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $6M |
| R&D Expenses | $852.7K |
| Selling & Marketing | $0 |
| General & Administrative | $313.0K |
| SG&A Expenses | $313.0K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $5M |
| Interest Income | $404.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $404.7K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $246.7K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $7M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $6M |
| R&D Expenses | $852.7K |
| Selling & Marketing | $0 |
| General & Administrative | $313.0K |
| SG&A Expenses | $313.0K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $5M |
| Interest Income | $404.7K |
| Interest Expense | $0 |
| Other Income/Expenses | $404.7K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $246.7K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $246.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $267.7K |
| Other Non-Cash Items | $230.2K |
| Change in Working Capital | -$80.3K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$78.4K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $482.8K |
| NET CASH FROM INVESTING | $404.4K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$380.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $19M |
| Net Receivables | $2M |
| Inventory | $4M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $57M |
| Tax Assets | $333.0K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $59M |
| TOTAL ASSETS | $89M |
| Account Payables | $258.9K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $793.1K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $793.1K |
| Common Stock | $48.4K |
| Additional Paid-In Capital | $20M |
| Retained Earnings | $69M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$266.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $88M |
| Minority Interest | $0 |
| TOTAL EQUITY | $88M |
| TOTAL LIABILITIES & EQUITY | $89M |
| Total Debt | $0 |
| Net Debt | -$5M |
