| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | $0 | $3M | — | 1900.0% |
| Op. Income | $33M | -$24M | -$22M | 237.0% | 249.8% |
| Gross Margin | 64.1% | — | -614.2% | — | 678.3pp |
| Net Margin | 56.1% | — | -675.4% | — | 731.5pp |
| EPS (Diluted) | $1.23 | $-0.87 | $-0.75 | 241.4% | 264.0% |
| Free Cash Flow | $37M | -$17M | -$16M | 317.9% | 334.3% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $38M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | -$22M |
| Operating Expenses | $5M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $33M |
| Interest Income | $376.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $301.0K |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $144.0K |
| EBIT | $34M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $38M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | -$22M |
| Operating Expenses | $5M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $33M |
| Interest Income | $376.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $301.0K |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $144.0K |
| EBIT | $34M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $144.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $248.0K |
| Change in Working Capital | $562.0K |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$311.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$38M |
| Sales/Maturities of Investments | $42M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $126.0K |
| NET CASH FROM FINANCING | $126.0K |
| FREE CASH FLOW | $37M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $250M |
| Short-Term Investments | $143M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $397M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $18M |
| Tax Assets | $0 |
| Other Non-Current Assets | $318.0K |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $417M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $20M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $661M |
| Retained Earnings | -$264M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $397M |
| Minority Interest | $0 |
| TOTAL EQUITY | $397M |
| TOTAL LIABILITIES & EQUITY | $417M |
| Total Debt | $342.0K |
| Net Debt | -$250M |
