| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $178M | $150M | $140M | 18.1% | 27.1% |
| Op. Income | $23M | $11M | $8M | 110.1% | 199.6% |
| Gross Margin | 50.0% | 46.1% | 46.8% | 3.9pp | 3.2pp |
| Net Margin | 8.9% | 7.4% | 4.6% | 1.5pp | 4.3pp |
| EPS (Diluted) | $0.25 | $0.18 | $0.10 | 38.9% | 150.0% |
| Free Cash Flow | $28M | $20M | -$19M | 36.3% | 244.4% |
| Item | Amount |
|---|---|
| REVENUE | $178M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $89M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $155M |
| OPERATING INCOME | $23M |
| Interest Income | $653.0K |
| Interest Expense | $26.0K |
| Other Income/Expenses | $627.0K |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $5M |
| EBIT | $24M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $178M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $89M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $155M |
| OPERATING INCOME | $23M |
| Interest Income | $653.0K |
| Interest Expense | $26.0K |
| Other Income/Expenses | $627.0K |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $5M |
| EBIT | $24M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$208M |
| Sales/Maturities of Investments | $60M |
| Other Investing Activities | $50.0K |
| NET CASH FROM INVESTING | -$152M |
| Net Debt Issuance | -$56.0K |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | -$134M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $188M |
| Short-Term Investments | $342M |
| Net Receivables | $199M |
| Inventory | $112M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $860M |
| PP&E (Net) | $82M |
| Goodwill | $57M |
| Intangible Assets | $38M |
| Long-Term Investments | $8M |
| Tax Assets | $8M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $194M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $58M |
| Short-Term Debt | $0 |
| Deferred Revenue | $23M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $158M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $87M |
| TOTAL NON-CURRENT LIABILITIES | $139M |
| TOTAL LIABILITIES | $297M |
| Common Stock | $539M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $616M |
| Treasury Stock | -$395M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $758M |
| Minority Interest | $0 |
| TOTAL EQUITY | $758M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $24M |
| Net Debt | -$164M |
