| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $64M | $67M | $64M | -5.2% | -0.1% |
| Op. Income | $20M | $17M | $6M | 22.8% | 265.6% |
| Gross Margin | 71.1% | 68.5% | 44.5% | 2.6pp | 26.6pp |
| Net Margin | 25.0% | 19.3% | 7.4% | 5.6pp | 17.6pp |
| EPS (Diluted) | $0.42 | $0.35 | $0.13 | 20.0% | 223.1% |
| Free Cash Flow | $24M | $3M | $20M | 752.0% | 21.9% |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $45M |
| R&D Expenses | $0 |
| Selling & Marketing | $345.0K |
| General & Administrative | $17M |
| SG&A Expenses | $18M |
| Other Expenses | $7M |
| Operating Expenses | $25M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $20M |
| Interest Income | $57M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $1M |
| EBIT | $20M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $45M |
| R&D Expenses | $0 |
| Selling & Marketing | $345.0K |
| General & Administrative | $17M |
| SG&A Expenses | $18M |
| Other Expenses | $7M |
| Operating Expenses | $25M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $20M |
| Interest Income | $57M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $1M |
| EBIT | $20M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $804.0K |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$145.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$42M |
| Sales/Maturities of Investments | $60M |
| Other Investing Activities | -$147M |
| NET CASH FROM INVESTING | -$129M |
| Net Debt Issuance | $176M |
| Common Stock Repurchased | -$388.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$34M |
| NET CASH FROM FINANCING | $135M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $147M |
| Short-Term Investments | $526M |
| Net Receivables | $34M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $707M |
| PP&E (Net) | $56M |
| Goodwill | $56M |
| Intangible Assets | $0 |
| Long-Term Investments | $5.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $244M |
| TOTAL NON-CURRENT ASSETS | $5.9B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.4B |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $199M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $537.0K |
| Additional Paid-In Capital | $279M |
| Retained Earnings | $602M |
| Treasury Stock | -$284M |
| Accum. Other Comp. Income | -$12M |
| Other Equity | -$8M |
| TOTAL STOCKHOLDERS' EQUITY | $694M |
| Minority Interest | $0 |
| TOTAL EQUITY | $694M |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $1.4B |
| Net Debt | $1.2B |
