| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $71M | $72M | $63M | -0.2% | 13.1% |
| Op. Income | $19M | $20M | $16M | -3.1% | 16.9% |
| Gross Margin | 83.0% | 82.9% | 84.7% | 0.1pp | -1.7pp |
| Net Margin | 24.4% | 21.9% | 16.9% | 2.5pp | 7.4pp |
| EPS (Diluted) | $0.82 | $0.73 | $0.50 | 12.3% | 64.0% |
| Free Cash Flow | $21M | $9M | $10M | 145.6% | 117.7% |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $59M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $27M |
| SG&A Expenses | $28M |
| Other Expenses | $12M |
| Operating Expenses | $40M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $19M |
| Interest Income | $61M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $2M |
| EBIT | $19M |
| EBITDA | $22M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $59M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $27M |
| SG&A Expenses | $28M |
| Other Expenses | $12M |
| Operating Expenses | $40M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $19M |
| Interest Income | $61M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $2M |
| EBIT | $19M |
| EBITDA | $22M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $587.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $730.0K |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$61M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | $54M |
| NET CASH FROM INVESTING | $24M |
| Net Debt Issuance | -$145M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $82M |
| NET CASH FROM FINANCING | -$68M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $366M |
| Short-Term Investments | $445M |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $826M |
| PP&E (Net) | $43M |
| Goodwill | $16M |
| Intangible Assets | $0 |
| Long-Term Investments | $4.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $160M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $0 |
| Short-Term Debt | $164M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $3.7B |
| Long-Term Debt | $756M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $59M |
| TOTAL NON-CURRENT LIABILITIES | $815M |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $5M |
| Additional Paid-In Capital | $141M |
| Retained Earnings | $533M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $677M |
| Minority Interest | $0 |
| TOTAL EQUITY | $677M |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $920M |
| Net Debt | $554M |
