| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $118M | $112M | $85M | 5.1% | 37.7% |
| Op. Income | $80M | $75M | $39M | 7.7% | 103.5% |
| Gross Margin | 89.1% | 87.6% | 67.0% | 1.6pp | 22.1pp |
| Net Margin | 50.8% | 49.1% | 35.2% | 1.7pp | 15.6pp |
| EPS (Diluted) | $1.30 | $1.19 | $0.61 | 9.2% | 113.1% |
| Free Cash Flow | $331M | $762M | $406M | -56.6% | -18.5% |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $7M |
| Operating Expenses | $25M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $80M |
| Interest Income | $78M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $487.0K |
| EBIT | $80M |
| EBITDA | $81M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $7M |
| Operating Expenses | $25M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $80M |
| Interest Income | $78M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $487.0K |
| EBIT | $80M |
| EBITDA | $81M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $487.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $243M |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $333M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$165M |
| Sales/Maturities of Investments | $182M |
| Other Investing Activities | -$653M |
| NET CASH FROM INVESTING | -$638M |
| Net Debt Issuance | -$270M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $331M |
| NET CASH FROM FINANCING | $55M |
| FREE CASH FLOW | $331M |
| Net Change in Cash | -$249M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $180M |
| Short-Term Investments | $270M |
| Net Receivables | $22M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $471M |
| PP&E (Net) | $30M |
| Goodwill | $16M |
| Intangible Assets | $85M |
| Long-Term Investments | $8.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $127M |
| TOTAL NON-CURRENT ASSETS | $9.2B |
| TOTAL ASSETS | $9.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.4B |
| TOTAL CURRENT LIABILITIES | $7.4B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | $170M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $8.8B |
| Common Stock | $136M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $462M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $374.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $811M |
| Minority Interest | $0 |
| TOTAL EQUITY | $811M |
| TOTAL LIABILITIES & EQUITY | $9.6B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
