| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $40M | $38M | -0.7% | 3.6% |
| Op. Income | $16M | $16M | $11M | 0.8% | 41.2% |
| Gross Margin | 88.0% | 85.4% | 70.0% | 2.6pp | 17.9pp |
| Net Margin | 27.2% | 27.1% | 20.1% | 0.1pp | 7.1pp |
| EPS (Diluted) | $1.27 | $1.29 | $0.90 | -1.6% | 41.1% |
| Free Cash Flow | $12M | $20M | $24M | -40.6% | -48.5% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $9M |
| Operating Expenses | $19M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $16M |
| Interest Income | $36M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $5M |
| 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 | $2M |
| EBIT | $16M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $9M |
| Operating Expenses | $19M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $16M |
| Interest Income | $36M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $5M |
| 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 | $2M |
| EBIT | $16M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $735.0K |
| Deferred Income Tax | $47.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$485.0K |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$34M |
| Sales/Maturities of Investments | $45M |
| Other Investing Activities | -$98M |
| NET CASH FROM INVESTING | -$89M |
| Net Debt Issuance | -$114M |
| Common Stock Repurchased | -$18.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $133M |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $768M |
| Short-Term Investments | $182M |
| Net Receivables | $44M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $16M |
| Goodwill | $10M |
| Intangible Assets | $0 |
| Long-Term Investments | $3.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $37M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.5B |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $57M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $87M |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $82.0K |
| Additional Paid-In Capital | $218M |
| Retained Earnings | $109M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $329M |
| Minority Interest | $0 |
| TOTAL EQUITY | $329M |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $57M |
| Net Debt | -$711M |
