| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $270M | $231M | $240M | 16.9% | 12.4% |
| Op. Income | $24M | -$43M | $77M | 157.1% | -68.6% |
| Gross Margin | 96.7% | 96.2% | 95.6% | 0.4pp | 1.0pp |
| Net Margin | 10.5% | -13.9% | 28.6% | 24.4pp | -18.1pp |
| EPS (Diluted) | $0.09 | $-0.10 | $0.22 | 190.0% | -59.1% |
| Free Cash Flow | $19M | $12M | $151M | 60.9% | -87.4% |
| Item | Amount |
|---|---|
| REVENUE | $270M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $261M |
| R&D Expenses | $154M |
| Selling & Marketing | $25M |
| General & Administrative | $57M |
| SG&A Expenses | $82M |
| Other Expenses | $341.0K |
| Operating Expenses | $237M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $24M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | -$261.0K |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $2M |
| EBIT | $24M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $270M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $261M |
| R&D Expenses | $154M |
| Selling & Marketing | $25M |
| General & Administrative | $57M |
| SG&A Expenses | $82M |
| Other Expenses | $341.0K |
| Operating Expenses | $237M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $24M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | -$261.0K |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $2M |
| EBIT | $24M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$538.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$203M |
| Sales/Maturities of Investments | $188M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $319M |
| Short-Term Investments | $887M |
| Net Receivables | $161M |
| Inventory | $21M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $67M |
| Goodwill | $64M |
| Intangible Assets | $0 |
| Long-Term Investments | $332M |
| Tax Assets | $157M |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $692M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $44M |
| TOTAL CURRENT LIABILITIES | $205M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $721.0K |
| TOTAL NON-CURRENT LIABILITIES | $54M |
| TOTAL LIABILITIES | $258M |
| Common Stock | $312.0K |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | -$448M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $49M |
| Net Debt | -$270M |
