| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $96M | $94M | $109M | 1.5% | -11.8% |
| Op. Income | $48M | $28M | $16M | 71.8% | 192.5% |
| Gross Margin | 69.0% | 52.6% | 27.5% | 16.4pp | 41.5pp |
| Net Margin | 40.5% | 24.5% | 12.0% | 16.0pp | 28.5pp |
| EPS (Diluted) | $1.72 | $0.93 | $0.83 | 84.9% | 107.2% |
| Free Cash Flow | $64M | $48M | $30M | 31.8% | 109.8% |
| Item | Amount |
|---|---|
| REVENUE | $96M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $7M |
| SG&A Expenses | $14M |
| Other Expenses | $4M |
| Operating Expenses | $18M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $48M |
| Interest Income | $104M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | -$604.0K |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $2M |
| EBIT | $48M |
| EBITDA | $50M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $96M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $7M |
| SG&A Expenses | $14M |
| Other Expenses | $4M |
| Operating Expenses | $18M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $48M |
| Interest Income | $104M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | -$604.0K |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $2M |
| EBIT | $48M |
| EBITDA | $50M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $303.0K |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $27M |
| Change in Working Capital | -$264.0K |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$31.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $245.0K |
| Other Investing Activities | -$114M |
| NET CASH FROM INVESTING | -$113M |
| Net Debt Issuance | $53M |
| Common Stock Repurchased | -$492.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $425.0K |
| NET CASH FROM FINANCING | $48M |
| FREE CASH FLOW | $64M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $149M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $160M |
| PP&E (Net) | $13M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $840M |
| Tax Assets | $0 |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $880M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $34M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $774M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $161M |
| TOTAL NON-CURRENT LIABILITIES | $951M |
| TOTAL LIABILITIES | $985M |
| Common Stock | $0 |
| Additional Paid-In Capital | $201M |
| Retained Earnings | -$144M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$40M |
| TOTAL STOCKHOLDERS' EQUITY | $56M |
| Minority Interest | -$730.0K |
| TOTAL EQUITY | $56M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $790M |
| Net Debt | $641M |
