| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | $37M | $20M | 16.1% | 112.7% |
| Op. Income | $27M | $22M | $11M | 20.4% | 155.5% |
| Gross Margin | 67.3% | 66.0% | 59.1% | 1.3pp | 8.2pp |
| Net Margin | 62.6% | 60.5% | 51.0% | 2.1pp | 11.5pp |
| EPS (Diluted) | $0.24 | $0.23 | $0.12 | 4.3% | 100.0% |
| Free Cash Flow | -$146M | -$79M | -$110M | -85.3% | -32.7% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $205.0K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $27M |
| Interest Income | $0 |
| Interest Expense | $859.0K |
| Other Income/Expenses | -$460.0K |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $11M |
| EBIT | $27M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $205.0K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $27M |
| Interest Income | $0 |
| Interest Expense | $859.0K |
| Other Income/Expenses | -$460.0K |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $11M |
| EBIT | $27M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $502.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$178M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$178M |
| Net Debt Issuance | -$46M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$38M |
| Other Financing Activities | -$216.0K |
| NET CASH FROM FINANCING | $149M |
| FREE CASH FLOW | -$146M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $21M |
| Inventory | $0 |
| Other Current Assets | $147.0K |
| TOTAL CURRENT ASSETS | $25M |
| PP&E (Net) | $888M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $923M |
| TOTAL ASSETS | $948M |
| Account Payables | $110.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $36M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $38M |
| Common Stock | $910M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $910M |
| Minority Interest | $0 |
| TOTAL EQUITY | $910M |
| TOTAL LIABILITIES & EQUITY | $948M |
| Total Debt | $36M |
| Net Debt | $31M |
