| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $855M | $140M | — | 511.1% | — |
| Op. Income | $706M | $11M | — | 6233.8% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | 62.0% | 30.2% | — | 31.8pp | — |
| EPS (Diluted) | $0.81 | $0.06 | — | 1153.7% | — |
| Free Cash Flow | $15M | $291M | — | -94.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $855M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $855M |
| R&D Expenses | $122M |
| Selling & Marketing | $0 |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $150M |
| Cost & Expenses | $150M |
| OPERATING INCOME | $706M |
| Interest Income | $7M |
| Interest Expense | $33M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $679M |
| Income Tax Expense | $149M |
| Net Income from Continuing Ops | $530M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $530M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $530M |
| D&A | $5M |
| EBIT | $706M |
| EBITDA | $711M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $855M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $855M |
| R&D Expenses | $122M |
| Selling & Marketing | $0 |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $150M |
| Cost & Expenses | $150M |
| OPERATING INCOME | $706M |
| Interest Income | $7M |
| Interest Expense | $33M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $679M |
| Income Tax Expense | $149M |
| Net Income from Continuing Ops | $530M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $530M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $530M |
| D&A | $5M |
| EBIT | $706M |
| EBITDA | $711M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $530M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $187M |
| Change in Working Capital | -$689M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $167M |
| NET CASH FROM INVESTING | $144M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$627.6K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $627.6K |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $167M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $969M |
| Net Receivables | $998M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $114M |
| Goodwill | $0 |
| Intangible Assets | $65M |
| Long-Term Investments | $24M |
| Tax Assets | $0 |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $242M |
| TOTAL ASSETS | $3.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $308M |
| TOTAL CURRENT LIABILITIES | $315M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $77M |
| TOTAL NON-CURRENT LIABILITIES | $126M |
| TOTAL LIABILITIES | $441M |
| Common Stock | $10M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $923M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $56M |
| Net Debt | -$981M |
