| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $271M | $855M | — | -68.4% | — |
| Op. Income | $135M | $706M | — | -80.9% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | 30.7% | 62.0% | — | -31.2pp | — |
| EPS (Diluted) | $0.13 | $0.81 | — | -84.4% | — |
| Free Cash Flow | $790M | $15M | — | 5253.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $271M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $271M |
| R&D Expenses | $113M |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $136M |
| Cost & Expenses | $136M |
| OPERATING INCOME | $135M |
| Interest Income | $84M |
| Interest Expense | $113M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $5M |
| EBIT | $218M |
| EBITDA | $224M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $271M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $271M |
| R&D Expenses | $113M |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $136M |
| Cost & Expenses | $136M |
| OPERATING INCOME | $135M |
| Interest Income | $84M |
| Interest Expense | $113M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $5M |
| EBIT | $218M |
| EBITDA | $224M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $83M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $67M |
| Change in Working Capital | $637M |
| OPERATING CASH FLOW | $797M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$395M |
| NET CASH FROM INVESTING | -$402M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$156.9K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $790M |
| Net Change in Cash | $359M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $1.3B |
| Net Receivables | $319M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $115M |
| Goodwill | $0 |
| Intangible Assets | $60M |
| Long-Term Investments | $102M |
| Tax Assets | $0 |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $317M |
| TOTAL ASSETS | $3.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $348M |
| TOTAL CURRENT LIABILITIES | $354M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $77M |
| TOTAL NON-CURRENT LIABILITIES | $123M |
| TOTAL LIABILITIES | $478M |
| Common Stock | $10M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $53M |
| Net Debt | -$1.3B |
