| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $72M | $68M | $59M | 5.1% | 20.5% |
| Op. Income | $18M | $11M | $11M | 66.3% | 67.0% |
| Gross Margin | 77.0% | 76.2% | 78.6% | 0.8pp | -1.6pp |
| Net Margin | 32.8% | 15.1% | 14.2% | 17.6pp | 18.5pp |
| EPS (Diluted) | $0.56 | $0.24 | $0.21 | 133.3% | 166.7% |
| Free Cash Flow | $25M | $17M | $19M | 49.2% | 30.6% |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $55M |
| R&D Expenses | $13M |
| Selling & Marketing | $15M |
| General & Administrative | $9M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $18M |
| Interest Income | $2M |
| Interest Expense | $35.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $7M |
| EBIT | $18M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $55M |
| R&D Expenses | $13M |
| Selling & Marketing | $15M |
| General & Administrative | $9M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $18M |
| Interest Income | $2M |
| Interest Expense | $35.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $7M |
| EBIT | $18M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$395.0K |
| Change in Working Capital | -$509.0K |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$90M |
| Sales/Maturities of Investments | $98M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$409.0K |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $98M |
| Short-Term Investments | $229M |
| Net Receivables | $59M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $402M |
| PP&E (Net) | $65M |
| Goodwill | $2M |
| Intangible Assets | $14M |
| Long-Term Investments | $67M |
| Tax Assets | $28M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $184M |
| TOTAL ASSETS | $586M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $155M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $183M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $212M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $329M |
| Retained Earnings | $46M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$752.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $374M |
| Minority Interest | $0 |
| TOTAL EQUITY | $374M |
| TOTAL LIABILITIES & EQUITY | $586M |
| Total Debt | $0 |
| Net Debt | -$98M |
