| Metric | Q3 2016 | Q2 2016 | Q3 2015 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $115M | $78M | — | 46.9% | — |
| Op. Income | $60M | $27M | — | 123.0% | — |
| Gross Margin | 59.3% | 47.0% | — | 12.3pp | — |
| Net Margin | 30.9% | -6.7% | — | 37.6pp | — |
| EPS (Diluted) | $0.49 | $-0.08 | — | 736.4% | — |
| Free Cash Flow | -$613M | -$139M | — | -341.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $68M |
| R&D Expenses | $279.0K |
| Selling & Marketing | $2M |
| General & Administrative | $6M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $60M |
| Interest Income | $58M |
| Interest Expense | $40M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $0 |
| EBIT | $48M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $68M |
| R&D Expenses | $279.0K |
| Selling & Marketing | $2M |
| General & Administrative | $6M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $60M |
| Interest Income | $58M |
| Interest Expense | $40M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $0 |
| EBIT | $48M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$683M |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | -$613M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$305M |
| Sales/Maturities of Investments | $123M |
| Other Investing Activities | $35M |
| NET CASH FROM INVESTING | -$147M |
| Net Debt Issuance | $84M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$32M |
| Other Financing Activities | $762M |
| NET CASH FROM FINANCING | $804M |
| FREE CASH FLOW | -$613M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $139M |
| Short-Term Investments | $33M |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | -$6M |
| TOTAL CURRENT ASSETS | $172M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $525M |
| Long-Term Investments | $742M |
| Tax Assets | $0 |
| Other Non-Current Assets | $742M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $88M |
| Short-Term Debt | $348M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $487M |
| Long-Term Debt | $4.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $4.8B |
| TOTAL LIABILITIES | $5.3B |
| Common Stock | $671.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$26M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $5.1B |
| Net Debt | $5.0B |
