| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $80M | $84M | $77M | -4.5% | 3.6% |
| Op. Income | $30M | $21M | $32M | 43.7% | -6.2% |
| Gross Margin | 87.4% | 71.0% | 90.3% | 16.4pp | -2.9pp |
| Net Margin | 29.1% | 19.5% | 32.4% | 9.6pp | -3.3pp |
| EPS (Diluted) | $0.81 | $0.56 | $0.84 | 44.6% | -3.6% |
| Free Cash Flow | -$15M | $28M | $8M | -154.1% | -287.1% |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $26M |
| SG&A Expenses | $26M |
| Other Expenses | $14M |
| Operating Expenses | $40M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $30M |
| Interest Income | $59M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $3M |
| EBIT | $30M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $26M |
| SG&A Expenses | $26M |
| Other Expenses | $14M |
| Operating Expenses | $40M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $30M |
| Interest Income | $59M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $3M |
| EBIT | $30M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $605.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | -$469M |
| Sales/Maturities of Investments | $68M |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$428M |
| Net Debt Issuance | -$61M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $229M |
| NET CASH FROM FINANCING | $156M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | -$282M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $397M |
| Short-Term Investments | $1.2B |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $137M |
| Goodwill | $241M |
| Intangible Assets | $15M |
| Long-Term Investments | $4.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $163M |
| TOTAL NON-CURRENT ASSETS | $5.5B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.1B |
| TOTAL CURRENT LIABILITIES | $6.1B |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $98M |
| TOTAL NON-CURRENT LIABILITIES | $122M |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $403M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $460M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $17M |
| Other Equity | $2M |
| TOTAL STOCKHOLDERS' EQUITY | $881M |
| Minority Interest | $0 |
| TOTAL EQUITY | $881M |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $24M |
| Net Debt | -$373M |
