| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $112M | $92M | $69M | 21.2% | 61.4% |
| Op. Income | $75M | $55M | $27M | 34.7% | 178.8% |
| Gross Margin | 87.6% | 79.7% | 59.2% | 7.8pp | 28.4pp |
| Net Margin | 49.1% | 44.6% | 29.2% | 4.6pp | 19.9pp |
| EPS (Diluted) | $1.19 | $0.87 | $0.40 | 36.8% | 197.5% |
| Free Cash Flow | $762M | -$1.1B | -$684M | 169.3% | 211.5% |
| Item | Amount |
|---|---|
| REVENUE | $112M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $98M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $5M |
| Operating Expenses | $23M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $75M |
| Interest Income | $76M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $494.0K |
| EBIT | $75M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $112M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $98M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $5M |
| Operating Expenses | $23M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $75M |
| Interest Income | $76M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $494.0K |
| EBIT | $75M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $494.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $557M |
| Change in Working Capital | $150M |
| OPERATING CASH FLOW | $763M |
| Capital Expenditure | -$394.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$75M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | -$744M |
| NET CASH FROM INVESTING | -$764M |
| Net Debt Issuance | -$143M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $176M |
| NET CASH FROM FINANCING | $27M |
| FREE CASH FLOW | $762M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $429M |
| Short-Term Investments | $279M |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $727M |
| PP&E (Net) | $29M |
| Goodwill | $16M |
| Intangible Assets | $78M |
| Long-Term Investments | $8.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $503M |
| TOTAL NON-CURRENT ASSETS | $8.8B |
| TOTAL ASSETS | $9.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.1B |
| TOTAL CURRENT LIABILITIES | $7.1B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $70M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $8.8B |
| Common Stock | $136M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $408M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $407.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $757M |
| Minority Interest | $0 |
| TOTAL EQUITY | $757M |
| TOTAL LIABILITIES & EQUITY | $9.5B |
| Total Debt | $1.6B |
| Net Debt | $1.2B |
