| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $130M | $52M | $61M | 147.4% | 112.8% |
| Op. Income | $83M | $8M | $12M | 895.3% | 580.9% |
| Gross Margin | 93.0% | 87.2% | 92.1% | 5.8pp | 0.9pp |
| Net Margin | 47.3% | 11.7% | 12.0% | 35.6pp | 35.3pp |
| EPS (Diluted) | $1.07 | $0.11 | $0.13 | 872.7% | 723.1% |
| Free Cash Flow | $99M | -$76M | $169M | 229.0% | -41.6% |
| Item | Amount |
|---|---|
| REVENUE | $130M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $121M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $14M |
| Operating Expenses | $37M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $83M |
| Interest Income | $39M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | -$24.0K |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $1M |
| EBIT | $83M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $130M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $121M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $14M |
| Operating Expenses | $37M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $83M |
| Interest Income | $39M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | -$24.0K |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $1M |
| EBIT | $83M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $99M |
| Capital Expenditure | -$503.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $23M |
| Sales/Maturities of Investments | $64M |
| Other Investing Activities | $32M |
| NET CASH FROM INVESTING | $119M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $119M |
| NET CASH FROM FINANCING | $119M |
| FREE CASH FLOW | $99M |
| Net Change in Cash | $337M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $713M |
| Short-Term Investments | $1.3B |
| Net Receivables | $408M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $18M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $1.8B |
| Tax Assets | $41M |
| Other Non-Current Assets | $126M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $0 |
| Short-Term Debt | $158.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $55M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $110M |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $56M |
| Additional Paid-In Capital | $366M |
| Retained Earnings | -$8M |
| Treasury Stock | -$866.0K |
| Accum. Other Comp. Income | -$22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $392M |
| Minority Interest | $0 |
| TOTAL EQUITY | $392M |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $55M |
| Net Debt | -$658M |
