| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $85M | $82M | $82M | 3.3% | 3.6% |
| Op. Income | $66M | $24M | $26M | 173.0% | 154.2% |
| Gross Margin | 86.6% | 38.8% | 41.4% | 47.8pp | 45.2pp |
| Net Margin | 49.6% | 23.1% | 175.7% | 26.5pp | -126.2pp |
| EPS (Diluted) | $0.75 | $0.30 | $2.95 | 150.0% | -74.6% |
| Free Cash Flow | $56M | $44M | $51M | 27.6% | 9.6% |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $66M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $286.0K |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $39M |
| EBIT | $25M |
| EBITDA | $65M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $66M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $286.0K |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $39M |
| EBIT | $25M |
| EBITDA | $65M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$21M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $398.0K |
| Purchases of Investments | -$85M |
| Sales/Maturities of Investments | $34M |
| Other Investing Activities | $320.0K |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | $235M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $201M |
| FREE CASH FLOW | $56M |
| Net Change in Cash | $206M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $288M |
| Short-Term Investments | $0 |
| Net Receivables | $69M |
| Inventory | $0 |
| Other Current Assets | $161M |
| TOTAL CURRENT ASSETS | $518M |
| PP&E (Net) | $36M |
| Goodwill | $0 |
| Intangible Assets | $413M |
| Long-Term Investments | $56M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.6B |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $53M |
| Short-Term Debt | $0 |
| Deferred Revenue | $33M |
| Other Current Liabilities | $179M |
| TOTAL CURRENT LIABILITIES | $308M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $33M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $95M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $28.0K |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | -$1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $21M |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $1.3B |
| Net Debt | $984M |
