| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $118M | $120M | $125M | -1.8% | -6.0% |
| Op. Income | $67M | $59M | $71M | 13.7% | -5.8% |
| Gross Margin | 97.2% | 87.6% | 94.5% | 9.6pp | 2.7pp |
| Net Margin | 40.3% | 34.7% | 40.2% | 5.6pp | 0.1pp |
| EPS (Diluted) | $0.35 | $0.31 | $0.36 | 12.9% | -2.8% |
| Free Cash Flow | $40M | $21M | $64M | 91.7% | -37.8% |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $728.0K |
| General & Administrative | $35M |
| SG&A Expenses | $35M |
| Other Expenses | $12M |
| Operating Expenses | $48M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $67M |
| Interest Income | $106M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | -$2M |
| EBIT | $67M |
| EBITDA | $65M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $728.0K |
| General & Administrative | $35M |
| SG&A Expenses | $35M |
| Other Expenses | $12M |
| Operating Expenses | $48M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $67M |
| Interest Income | $106M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | -$2M |
| EBIT | $67M |
| EBITDA | $65M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | -$2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$894.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$880M |
| Sales/Maturities of Investments | $218M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$659M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$257.0K |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $201M |
| NET CASH FROM FINANCING | $176M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | -$442M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $2.2B |
| Net Receivables | $89M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $51M |
| Goodwill | $664M |
| Intangible Assets | $36M |
| Long-Term Investments | $8.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $390M |
| TOTAL NON-CURRENT ASSETS | $10.0B |
| TOTAL ASSETS | $13.8B |
| Account Payables | $0 |
| Short-Term Debt | $483M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.2B |
| TOTAL CURRENT LIABILITIES | $11.7B |
| Long-Term Debt | $36M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $149M |
| TOTAL NON-CURRENT LIABILITIES | $185M |
| TOTAL LIABILITIES | $11.8B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $735M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $13.8B |
| Total Debt | $519M |
| Net Debt | -$1.0B |
