| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $106M | $108M | $102M | -1.9% | 4.2% |
| Op. Income | $8M | $35M | $35M | -75.9% | -76.3% |
| Gross Margin | 46.6% | 71.5% | 74.1% | -24.9pp | -27.4pp |
| Net Margin | 6.9% | 22.1% | 22.7% | -15.2pp | -15.7pp |
| EPS (Diluted) | $0.11 | $0.43 | $0.42 | -74.4% | -73.8% |
| Free Cash Flow | $4M | $10M | $21M | -60.2% | -81.5% |
| Item | Amount |
|---|---|
| REVENUE | $106M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $21M |
| SG&A Expenses | $22M |
| Other Expenses | $19M |
| Operating Expenses | $41M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $8M |
| Interest Income | $94M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $2M |
| EBIT | $8M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $106M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $21M |
| SG&A Expenses | $22M |
| Other Expenses | $19M |
| Operating Expenses | $41M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $8M |
| Interest Income | $94M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $2M |
| EBIT | $8M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $580.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $27M |
| Change in Working Capital | -$30M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$333.0K |
| Sales/Maturities of Investments | $362M |
| Other Investing Activities | $23M |
| NET CASH FROM INVESTING | $383M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$98M |
| NET CASH FROM FINANCING | -$104M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $285M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $963M |
| Short-Term Investments | $519M |
| Net Receivables | $31M |
| Inventory | -$35M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $89M |
| Goodwill | $86M |
| Intangible Assets | $13M |
| Long-Term Investments | $4.4B |
| Tax Assets | $113M |
| Other Non-Current Assets | $100M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $0 |
| Short-Term Debt | $190M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.9B |
| TOTAL CURRENT LIABILITIES | $5.1B |
| Long-Term Debt | $116M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $160M |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $60M |
| Additional Paid-In Capital | $621M |
| Retained Earnings | $286M |
| Treasury Stock | -$103M |
| Accum. Other Comp. Income | $93M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $327M |
| Net Debt | -$635M |
