| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $122M | $118M | $125M | 3.1% | -2.5% |
| Op. Income | $71M | $67M | $71M | 5.4% | -0.1% |
| Gross Margin | 97.7% | 97.2% | 95.8% | 0.5pp | 1.9pp |
| Net Margin | 41.0% | 40.3% | 41.1% | 0.8pp | -0.0pp |
| EPS (Diluted) | $0.37 | $0.35 | $0.37 | 5.7% | 0.0% |
| Free Cash Flow | $45M | $40M | $58M | 12.0% | -23.1% |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $119M |
| R&D Expenses | $0 |
| Selling & Marketing | $950.0K |
| General & Administrative | $32M |
| SG&A Expenses | $33M |
| Other Expenses | $15M |
| Operating Expenses | $48M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $71M |
| Interest Income | $108M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | -$3M |
| EBIT | $71M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $119M |
| R&D Expenses | $0 |
| Selling & Marketing | $950.0K |
| General & Administrative | $32M |
| SG&A Expenses | $33M |
| Other Expenses | $15M |
| Operating Expenses | $48M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $71M |
| Interest Income | $108M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | -$3M |
| EBIT | $71M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | -$3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $193.0K |
| Change in Working Capital | -$998.0K |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$403M |
| Sales/Maturities of Investments | $262M |
| Other Investing Activities | $75M |
| NET CASH FROM INVESTING | -$68M |
| Net Debt Issuance | -$49M |
| Common Stock Repurchased | -$85.0K |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $568M |
| NET CASH FROM FINANCING | $494M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | $473M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $2.4B |
| Net Receivables | $106M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $70M |
| Goodwill | $664M |
| Intangible Assets | $34M |
| Long-Term Investments | $8.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $261M |
| TOTAL NON-CURRENT ASSETS | $9.9B |
| TOTAL ASSETS | $14.4B |
| Account Payables | $0 |
| Short-Term Debt | $444M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.7B |
| TOTAL CURRENT LIABILITIES | $12.2B |
| Long-Term Debt | $26M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $205M |
| TOTAL NON-CURRENT LIABILITIES | $230M |
| TOTAL LIABILITIES | $12.4B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $761M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $14.4B |
| Total Debt | $470M |
| Net Debt | -$1.5B |
