| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | $55M | $46M | 18.3% | 41.3% |
| Op. Income | $40M | $30M | -$25M | 36.4% | 264.2% |
| Gross Margin | 91.5% | 89.6% | 51.7% | 1.9pp | 39.8pp |
| Net Margin | 55.4% | 46.8% | -54.1% | 8.7pp | 109.5pp |
| EPS (Diluted) | $0.25 | $0.19 | $-0.17 | 31.6% | 247.1% |
| Free Cash Flow | $6M | $3M | -$31M | 112.6% | 119.2% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $60M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $63.0K |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $803.0K |
| EBIT | $41M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $60M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $19M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $63.0K |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $803.0K |
| EBIT | $41M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $803.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $771.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$176.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$83M |
| Sales/Maturities of Investments | $53M |
| Other Investing Activities | $123.0K |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$56M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$68M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $281M |
| Net Receivables | $63M |
| Inventory | $58M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $499M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $25M |
| TOTAL ASSETS | $524M |
| Account Payables | $433.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $748.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $394M |
| Deferred Revenue NC | $641.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $398M |
| TOTAL LIABILITIES | $425M |
| Common Stock | $135.0K |
| Additional Paid-In Capital | $646M |
| Retained Earnings | -$548M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $426.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $99M |
| Minority Interest | $0 |
| TOTAL EQUITY | $99M |
| TOTAL LIABILITIES & EQUITY | $524M |
| Total Debt | $394M |
| Net Debt | $328M |
