| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $126M | $114M | $105M | 11.1% | 20.3% |
| Op. Income | $64M | $44M | $51M | 44.2% | 26.5% |
| Gross Margin | 90.8% | 85.0% | 91.8% | 5.8pp | -1.1pp |
| Net Margin | 42.3% | 32.8% | 40.1% | 9.6pp | 2.2pp |
| EPS (Diluted) | $0.38 | $0.26 | $0.31 | 46.2% | 22.6% |
| Free Cash Flow | $79M | $25M | $35M | 211.1% | 128.0% |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $485.0K |
| General & Administrative | $32M |
| SG&A Expenses | $32M |
| Other Expenses | $18M |
| Operating Expenses | $50M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $64M |
| Interest Income | $92M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $3M |
| EBIT | $64M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $485.0K |
| General & Administrative | $32M |
| SG&A Expenses | $32M |
| Other Expenses | $18M |
| Operating Expenses | $50M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $64M |
| Interest Income | $92M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $3M |
| EBIT | $64M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$455.0K |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $81M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.1B |
| Sales/Maturities of Investments | $4.2B |
| Other Investing Activities | -$614M |
| NET CASH FROM INVESTING | -$477M |
| Net Debt Issuance | -$409M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $946M |
| NET CASH FROM FINANCING | $513M |
| FREE CASH FLOW | $79M |
| Net Change in Cash | $117M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $385M |
| Short-Term Investments | $4.1B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $139M |
| Goodwill | $0 |
| Intangible Assets | $319M |
| Long-Term Investments | $5.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $127M |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $10.3B |
| Account Payables | $0 |
| Short-Term Debt | $449M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.2B |
| TOTAL CURRENT LIABILITIES | $8.6B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $151M |
| TOTAL NON-CURRENT LIABILITIES | $151M |
| TOTAL LIABILITIES | $8.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $667M |
| Retained Earnings | $763M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | $151M |
| Other Equity | $9M |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $10.3B |
| Total Debt | $449M |
| Net Debt | $64M |
