| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $51M | $51M | 2.9% | 3.5% |
| Op. Income | $11M | $13M | $12M | -8.6% | -2.6% |
| Gross Margin | 90.0% | 91.3% | 91.2% | -1.3pp | -1.2pp |
| Net Margin | 16.6% | 18.6% | 14.6% | -1.9pp | 2.0pp |
| EPS (Diluted) | $0.31 | $0.34 | $0.26 | -8.8% | 19.2% |
| Free Cash Flow | -$39M | -$5M | $32M | -616.3% | -223.1% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $28M |
| SG&A Expenses | $29M |
| Other Expenses | $7M |
| Operating Expenses | $36M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $11M |
| Interest Income | $19M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $645.0K |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $28M |
| SG&A Expenses | $29M |
| Other Expenses | $7M |
| Operating Expenses | $36M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $11M |
| Interest Income | $19M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $645.0K |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $645.0K |
| Stock-Based Compensation | $899.0K |
| Deferred Income Tax | $1.0K |
| Other Non-Cash Items | -$41M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | -$38M |
| Capital Expenditure | -$680.0K |
| Acquisitions (Net) | $437.0K |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $19M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $17M |
| NET CASH FROM FINANCING | $27M |
| FREE CASH FLOW | -$39M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $179M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $253M |
| PP&E (Net) | $22M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $107M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $451M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $59M |
| TOTAL NON-CURRENT LIABILITIES | $510M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $291.0K |
| Additional Paid-In Capital | $330M |
| Retained Earnings | $185M |
| Treasury Stock | -$88M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | -$18M |
| TOTAL STOCKHOLDERS' EQUITY | $405M |
| Minority Interest | $0 |
| TOTAL EQUITY | $405M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $451M |
| Net Debt | $411M |
