| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $20M | $18M | 8.4% | 21.5% |
| Op. Income | $10M | $6M | $6M | 52.8% | 56.0% |
| Gross Margin | 88.8% | 88.0% | 81.3% | 0.7pp | 7.4pp |
| Net Margin | 36.5% | 26.4% | 28.8% | 10.1pp | 7.7pp |
| EPS (Diluted) | $1.96 | $1.34 | $1.42 | 46.3% | 38.0% |
| Free Cash Flow | $3M | -$10M | $5M | 129.9% | -42.3% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $3M |
| Operating Expenses | $10M |
| Cost & Expenses | $12M |
| OPERATING INCOME | $10M |
| Interest Income | $18M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $307.0K |
| EBIT | $10M |
| EBITDA | $10M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $3M |
| Operating Expenses | $10M |
| Cost & Expenses | $12M |
| OPERATING INCOME | $10M |
| Interest Income | $18M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $307.0K |
| EBIT | $10M |
| EBITDA | $10M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $307.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $186.0K |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$96.0K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$199.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$44M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $15M |
| Common Stock Repurchased | -$618.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $39M |
| NET CASH FROM FINANCING | $52M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $89M |
| Short-Term Investments | $288M |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $383M |
| PP&E (Net) | $18M |
| Goodwill | $31M |
| Intangible Assets | $2M |
| Long-Term Investments | $1.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $53M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $100M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $116M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $4M |
| Additional Paid-In Capital | $76M |
| Retained Earnings | $121M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $189M |
| Minority Interest | $0 |
| TOTAL EQUITY | $189M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $100M |
| Net Debt | $11M |
