| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $19M | $35M | 58.7% | -14.6% |
| Op. Income | $19M | $12M | $28M | 61.6% | -31.9% |
| Gross Margin | 77.7% | 62.3% | 80.2% | 15.5pp | -2.4pp |
| Net Margin | 62.2% | 60.2% | 78.7% | 2.0pp | -16.6pp |
| EPS (Diluted) | $0.26 | $0.16 | $0.39 | 62.5% | -33.3% |
| Free Cash Flow | $111M | $90M | $24M | 24.0% | 355.8% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $3M |
| Operating Expenses | $4M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $19M |
| Interest Income | $29M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $425.0K |
| 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 | $19M |
| D&A | $0 |
| EBIT | $19M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $3M |
| Operating Expenses | $4M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $19M |
| Interest Income | $29M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $425.0K |
| 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 | $19M |
| D&A | $0 |
| EBIT | $19M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $98M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $111M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$62M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$75M |
| FREE CASH FLOW | $111M |
| Net Change in Cash | $37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $0 |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $129M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $125M |
| Tax Assets | $0 |
| Other Non-Current Assets | $974M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.2B |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $550M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $557M |
| TOTAL LIABILITIES | $575M |
| Common Stock | $71.1K |
| Additional Paid-In Capital | $820M |
| Retained Earnings | $1M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$169M |
| TOTAL STOCKHOLDERS' EQUITY | $652M |
| Minority Interest | $0 |
| TOTAL EQUITY | $652M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $550M |
| Net Debt | $447M |
