| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $44M | $48M | -22.9% | -29.4% |
| Op. Income | $25M | $33M | $38M | -22.3% | -32.4% |
| Gross Margin | 82.9% | 87.4% | 88.2% | -4.5pp | -5.3pp |
| Net Margin | 73.7% | 73.1% | 77.6% | 0.6pp | -3.8pp |
| EPS (Diluted) | $0.41 | $0.53 | $0.62 | -22.6% | -33.9% |
| Free Cash Flow | $21M | $31M | $23M | -32.3% | -11.8% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$250.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $25M |
| Interest Income | $49M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $640.0K |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $0 |
| EBIT | $25M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$250.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $25M |
| Interest Income | $49M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $640.0K |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $0 |
| EBIT | $25M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$331M |
| Sales/Maturities of Investments | $341M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$26M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$36M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $40M |
| Long-Term Debt | $565M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $575M |
| TOTAL LIABILITIES | $614M |
| Common Stock | $602.0K |
| Additional Paid-In Capital | $906M |
| Retained Earnings | -$4M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $967M |
| Minority Interest | $0 |
| TOTAL EQUITY | $967M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $565M |
| Net Debt | $559M |
