| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $150M | $151M | $127M | -0.2% | 18.4% |
| Op. Income | $11M | $11M | $2M | -0.9% | 500.5% |
| Gross Margin | 46.1% | 46.0% | 46.2% | 0.2pp | -0.1pp |
| Net Margin | 7.4% | 7.9% | 1.0% | -0.5pp | 6.4pp |
| EPS (Diluted) | $0.18 | $0.19 | $0.02 | -5.3% | 800.0% |
| Free Cash Flow | $20M | $12M | -$4M | 76.4% | 682.7% |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $69M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $139M |
| OPERATING INCOME | $11M |
| Interest Income | $1M |
| Interest Expense | $446.0K |
| Other Income/Expenses | $928.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $690.0K |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $5M |
| EBIT | $12M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $69M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $139M |
| OPERATING INCOME | $11M |
| Interest Income | $1M |
| Interest Expense | $446.0K |
| Other Income/Expenses | $928.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $690.0K |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $5M |
| EBIT | $12M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$721.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$65M |
| Sales/Maturities of Investments | $119M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $51M |
| Net Debt Issuance | -$116M |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$145M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | -$71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $322M |
| Short-Term Investments | $194M |
| Net Receivables | $195M |
| Inventory | $114M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $839M |
| PP&E (Net) | $78M |
| Goodwill | $56M |
| Intangible Assets | $38M |
| Long-Term Investments | $7M |
| Tax Assets | $9M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $190M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $50M |
| Short-Term Debt | $0 |
| Deferred Revenue | $25M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $143M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $35M |
| Other Non-Current Liabilities | $84M |
| TOTAL NON-CURRENT LIABILITIES | $137M |
| TOTAL LIABILITIES | $280M |
| Common Stock | $536M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $608M |
| Treasury Stock | -$387M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $750M |
| Minority Interest | $0 |
| TOTAL EQUITY | $750M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $24M |
| Net Debt | -$298M |
