| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $125M | $127M | $107M | -1.4% | 17.1% |
| Op. Income | $71M | $63M | $50M | 11.7% | 41.8% |
| Gross Margin | 104.9% | 91.2% | 92.7% | 13.7pp | 12.1pp |
| Net Margin | 46.7% | 41.7% | 38.7% | 5.1pp | 8.0pp |
| EPS (Diluted) | $0.41 | $0.37 | $0.30 | 10.8% | 36.7% |
| Free Cash Flow | $72M | $18M | $57M | 309.6% | 25.3% |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | -$6M |
| GROSS PROFIT | $131M |
| R&D Expenses | $0 |
| Selling & Marketing | $899.0K |
| General & Administrative | $42M |
| SG&A Expenses | $43M |
| Other Expenses | $17M |
| Operating Expenses | $61M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $71M |
| Interest Income | $93M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $3M |
| EBIT | $71M |
| EBITDA | $74M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | -$6M |
| GROSS PROFIT | $131M |
| R&D Expenses | $0 |
| Selling & Marketing | $899.0K |
| General & Administrative | $42M |
| SG&A Expenses | $43M |
| Other Expenses | $17M |
| Operating Expenses | $61M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $71M |
| Interest Income | $93M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $3M |
| EBIT | $71M |
| EBITDA | $74M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$214M |
| Sales/Maturities of Investments | $223M |
| Other Investing Activities | $124M |
| NET CASH FROM INVESTING | $129M |
| Net Debt Issuance | -$73M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $382M |
| NET CASH FROM FINANCING | $290M |
| FREE CASH FLOW | $72M |
| Net Change in Cash | $495M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $729M |
| Short-Term Investments | $4.4B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.1B |
| PP&E (Net) | $142M |
| Goodwill | $313M |
| Intangible Assets | $5M |
| Long-Term Investments | $5.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $133M |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $10.9B |
| Account Payables | $15M |
| Short-Term Debt | $430M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.7B |
| TOTAL CURRENT LIABILITIES | $9.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $106M |
| TOTAL NON-CURRENT LIABILITIES | $106M |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $670M |
| Retained Earnings | $837M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | $170M |
| Other Equity | $9M |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $10.9B |
| Total Debt | $430M |
| Net Debt | -$299M |
