| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $68M | $36M | 3.5% | 96.6% |
| Op. Income | $56M | $53M | $34M | 5.7% | 66.3% |
| Gross Margin | 100.0% | 100.0% | 78.9% | 0.0pp | 21.1pp |
| Net Margin | 61.2% | 90.9% | 53.9% | -29.7pp | 7.3pp |
| EPS (Diluted) | $0.38 | $0.55 | $0.18 | -30.9% | 111.1% |
| Free Cash Flow | $41M | $12M | $25M | 240.6% | 65.2% |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $4M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $56M |
| Interest Income | $65M |
| Interest Expense | $15M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $97.0K |
| EBIT | $55M |
| EBITDA | $55M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $4M |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $56M |
| Interest Income | $65M |
| Interest Expense | $15M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $97.0K |
| EBIT | $55M |
| EBITDA | $55M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $97.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$977.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$48.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$266M |
| Sales/Maturities of Investments | $214M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$52M |
| Net Debt Issuance | $26M |
| Common Stock Repurchased | -$389.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $0 |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $47M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$2.4B |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $2.5B |
| Account Payables | $29M |
| Short-Term Debt | $238M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$29M |
| TOTAL CURRENT LIABILITIES | $238M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$208M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $115.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$53M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $1.5B |
| Net Debt | $1.5B |
