| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $107M | $109M | $97M | -1.9% | 11.1% |
| Op. Income | $14M | $15M | $11M | -3.6% | 36.0% |
| Gross Margin | 46.0% | 44.2% | 42.6% | 1.9pp | 3.5pp |
| Net Margin | 6.7% | 37.9% | 4.5% | -31.2pp | 2.2pp |
| EPS (Diluted) | $0.10 | $0.56 | $0.09 | -82.1% | 15.7% |
| Free Cash Flow | $10M | $16M | $0 | -36.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $107M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $137.0K |
| Operating Expenses | $35M |
| Cost & Expenses | $93M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $2M |
| EBIT | $13M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $107M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $137.0K |
| Operating Expenses | $35M |
| Cost & Expenses | $93M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $2M |
| EBIT | $13M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$461.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$461.0K |
| Net Debt Issuance | -$500.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$319.0K |
| NET CASH FROM FINANCING | -$819.0K |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $88M |
| Short-Term Investments | $0 |
| Net Receivables | $42M |
| Inventory | $25M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $170M |
| PP&E (Net) | $2M |
| Goodwill | $471M |
| Intangible Assets | $314M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $790M |
| TOTAL ASSETS | $961M |
| Account Payables | $10M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $216M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $55M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $271M |
| TOTAL LIABILITIES | $300M |
| Common Stock | $706.0K |
| Additional Paid-In Capital | $613M |
| Retained Earnings | $47M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$482.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $660M |
| Minority Interest | $0 |
| TOTAL EQUITY | $660M |
| TOTAL LIABILITIES & EQUITY | $961M |
| Total Debt | $220M |
| Net Debt | $131M |
