| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | $31M | $40M | 94.1% | 49.2% |
| Op. Income | $23M | $8M | $16M | 187.4% | 45.8% |
| Gross Margin | 84.3% | 84.7% | 87.4% | -0.5pp | -3.1pp |
| Net Margin | 40.0% | 27.9% | 40.5% | 12.1pp | -0.4pp |
| EPS (Diluted) | $0.28 | $0.10 | $0.21 | 180.0% | 33.3% |
| Free Cash Flow | $31M | $1M | $13M | 2732.1% | 128.3% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $50M |
| R&D Expenses | $2M |
| Selling & Marketing | $24M |
| General & Administrative | $1M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $23M |
| Interest Income | $798.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $798.0K |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $207.0K |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $108.0K |
| EBIT | $23M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $50M |
| R&D Expenses | $2M |
| Selling & Marketing | $24M |
| General & Administrative | $1M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $23M |
| Interest Income | $798.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $798.0K |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $207.0K |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $108.0K |
| EBIT | $23M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $108.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $368.3K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$110.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$62M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $757.4K |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $165M |
| Net Receivables | $21M |
| Inventory | $15M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $270M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $606.0K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $274M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $16M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $38M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $32.0K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $42M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $232M |
| TOTAL STOCKHOLDERS' EQUITY | $232M |
| Minority Interest | $0 |
| TOTAL EQUITY | $232M |
| TOTAL LIABILITIES & EQUITY | $274M |
| Total Debt | $519.0K |
| Net Debt | -$68M |
