| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $46M | $42M | -4.1% | 3.5% |
| Op. Income | $26M | $27M | $24M | -2.8% | 9.0% |
| Gross Margin | 98.0% | 96.9% | 96.7% | 1.1pp | 1.3pp |
| Net Margin | 48.1% | 47.2% | 48.8% | 0.9pp | -0.7pp |
| EPS (Diluted) | $0.22 | $0.23 | $0.22 | -4.3% | 0.0% |
| Free Cash Flow | $44M | $40M | $28M | 8.1% | 57.1% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $866.0K |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $13M |
| Operating Expenses | $17M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $26M |
| Interest Income | $329.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $13M |
| EBIT | $27M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $866.0K |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $13M |
| Operating Expenses | $17M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $26M |
| Interest Income | $329.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $13M |
| EBIT | $27M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $971.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $457.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | $6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$64M |
| NET CASH FROM INVESTING | -$64M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | -$10.0K |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | -$182.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $38M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $20M |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $94M |
| Long-Term Debt | $496M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $496M |
| TOTAL LIABILITIES | $589M |
| Common Stock | $952.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$251M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $914M |
| Minority Interest | $0 |
| TOTAL EQUITY | $914M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $546M |
| Net Debt | $527M |
