| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $100M | $100M | $104M | -0.4% | -3.5% |
| Op. Income | $32M | $24M | $33M | 34.6% | -4.3% |
| Gross Margin | 86.5% | 81.6% | 83.5% | 4.9pp | 3.0pp |
| Net Margin | 25.7% | 19.1% | 25.9% | 6.6pp | -0.2pp |
| EPS (Diluted) | $0.27 | $0.20 | $0.27 | 35.0% | 0.0% |
| Free Cash Flow | $34M | $18M | $27M | 83.6% | 23.1% |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $86M |
| R&D Expenses | $0 |
| Selling & Marketing | $879.0K |
| General & Administrative | $35M |
| SG&A Expenses | $36M |
| Other Expenses | $18M |
| Operating Expenses | $55M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $32M |
| Interest Income | $73M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $3M |
| EBIT | $32M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $86M |
| R&D Expenses | $0 |
| Selling & Marketing | $879.0K |
| General & Administrative | $35M |
| SG&A Expenses | $36M |
| Other Expenses | $18M |
| Operating Expenses | $55M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $32M |
| Interest Income | $73M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $3M |
| EBIT | $32M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $565.0K |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$205M |
| Sales/Maturities of Investments | $242M |
| Other Investing Activities | $193M |
| NET CASH FROM INVESTING | $229M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$265M |
| NET CASH FROM FINANCING | -$288M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $357M |
| Short-Term Investments | $831M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $126M |
| Goodwill | $303M |
| Intangible Assets | $13M |
| Long-Term Investments | $7.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $371M |
| TOTAL NON-CURRENT ASSETS | $7.9B |
| TOTAL ASSETS | $9.1B |
| Account Payables | $0 |
| Short-Term Debt | $117M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.4B |
| TOTAL CURRENT LIABILITIES | $7.6B |
| Long-Term Debt | $227M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $210M |
| TOTAL NON-CURRENT LIABILITIES | $443M |
| TOTAL LIABILITIES | $8.0B |
| Common Stock | $114M |
| Additional Paid-In Capital | $495M |
| Retained Earnings | $597M |
| Treasury Stock | -$154M |
| Accum. Other Comp. Income | $17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $9.1B |
| Total Debt | $351M |
| Net Debt | -$6M |
