| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $64M | $59M | $65M | 8.8% | -1.6% |
| Op. Income | $25M | $17M | $25M | 48.1% | 0.4% |
| Gross Margin | 86.2% | 75.5% | 80.6% | 10.7pp | 5.7pp |
| Net Margin | 31.8% | 24.9% | 31.6% | 6.8pp | 0.2pp |
| EPS (Diluted) | $0.46 | $0.33 | $0.46 | 39.4% | 0.0% |
| Free Cash Flow | $21M | $12M | $28M | 75.6% | -26.2% |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $11M |
| Operating Expenses | $31M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $25M |
| Interest Income | $50M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $3M |
| EBIT | $25M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $11M |
| Operating Expenses | $31M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $25M |
| Interest Income | $50M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $3M |
| EBIT | $25M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $28.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$189M |
| Sales/Maturities of Investments | $121M |
| Other Investing Activities | -$52M |
| NET CASH FROM INVESTING | -$121M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $29M |
| NET CASH FROM FINANCING | $28M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | -$71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $108M |
| Short-Term Investments | $1.0B |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $92M |
| Goodwill | $151M |
| Intangible Assets | $24M |
| Long-Term Investments | $4.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $211M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $5.8B |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.3B |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $703M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $79M |
| TOTAL NON-CURRENT LIABILITIES | $781M |
| TOTAL LIABILITIES | $5.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $362M |
| Retained Earnings | $285M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $670M |
| Minority Interest | $0 |
| TOTAL EQUITY | $670M |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $703M |
| Net Debt | $594M |
