| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $84M | $95M | $115M | -11.8% | -26.8% |
| Op. Income | $37M | $48M | $60M | -22.5% | -38.2% |
| Gross Margin | 54.7% | 61.6% | 59.3% | -6.9pp | -4.6pp |
| Net Margin | 23.1% | 30.2% | 30.9% | -7.1pp | -7.8pp |
| EPS (Diluted) | $0.20 | $0.38 | $0.49 | -47.4% | -59.2% |
| Free Cash Flow | -$4M | -$108M | -$613M | 96.2% | 99.3% |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $46M |
| R&D Expenses | $374.0K |
| Selling & Marketing | $1M |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $37M |
| Interest Income | $52M |
| Interest Expense | $40M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $0 |
| EBIT | $26M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $84M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $46M |
| R&D Expenses | $374.0K |
| Selling & Marketing | $1M |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $37M |
| Interest Income | $52M |
| Interest Expense | $40M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $0 |
| EBIT | $26M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $737.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$27M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$10.0K |
| Acquisitions (Net) | $10.0K |
| Purchases of Investments | -$423.0K |
| Sales/Maturities of Investments | $117M |
| Other Investing Activities | $169M |
| NET CASH FROM INVESTING | $286M |
| Net Debt Issuance | -$344M |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | -$32M |
| Other Financing Activities | -$50M |
| NET CASH FROM FINANCING | -$253M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $100M |
| Short-Term Investments | $6M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | -$5M |
| TOTAL CURRENT ASSETS | $105M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $790M |
| Long-Term Investments | $1.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $5.8B |
| Account Payables | $75M |
| Short-Term Debt | $3.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $572M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $583M |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $659.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$52M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $4.1B |
| Net Debt | $4.0B |
