| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $124M | $171M | $379M | -27.2% | -67.2% |
| Op. Income | $112M | $46M | $178M | 145.8% | -37.0% |
| Gross Margin | 76.6% | 68.6% | 92.0% | 8.0pp | -15.4pp |
| Net Margin | 69.7% | 15.4% | 40.3% | 54.4pp | 29.5pp |
| EPS (Diluted) | $0.32 | $0.10 | $0.48 | 236.4% | -32.5% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $124M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $95M |
| R&D Expenses | $7M |
| Selling & Marketing | $9M |
| General & Administrative | $9M |
| SG&A Expenses | $18M |
| Other Expenses | -$43M |
| Operating Expenses | -$17M |
| Cost & Expenses | $12M |
| OPERATING INCOME | $112M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $106M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $0 |
| EBIT | $59M |
| EBITDA | $59M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $124M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $95M |
| R&D Expenses | $7M |
| Selling & Marketing | $9M |
| General & Administrative | $9M |
| SG&A Expenses | $18M |
| Other Expenses | -$43M |
| Operating Expenses | -$17M |
| Cost & Expenses | $12M |
| OPERATING INCOME | $112M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $106M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $0 |
| EBIT | $59M |
| EBITDA | $59M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $87M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $973.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$88M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $218M |
| Short-Term Investments | $543M |
| Net Receivables | $758M |
| Inventory | $0 |
| Other Current Assets | $204M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $52M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $85M |
| Tax Assets | $56M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $207M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $0 |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $144M |
| Long-Term Debt | $141M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $482.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $143M |
| TOTAL LIABILITIES | $287M |
| Common Stock | $25.6K |
| Additional Paid-In Capital | $586M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$54M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $146M |
| Net Debt | -$71M |
