| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $248M | $259M | $244M | -4.1% | 1.6% |
| Op. Income | $72M | -$44M | $49M | 262.1% | 47.4% |
| Gross Margin | 98.8% | 99.0% | 99.0% | -0.1pp | -0.2pp |
| Net Margin | 140.3% | -22.3% | 13.9% | 162.6pp | 126.4pp |
| EPS (Diluted) | $3.58 | $-0.62 | $0.35 | 677.4% | 922.9% |
| Free Cash Flow | $84M | -$21M | $100M | 505.8% | -15.4% |
| Item | Amount |
|---|---|
| REVENUE | $248M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $245M |
| R&D Expenses | $67M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $107M |
| Other Expenses | $0 |
| Operating Expenses | $173M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $72M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | -$306M |
| Net Income from Continuing Ops | $348M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $348M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $348M |
| D&A | $2M |
| EBIT | $50M |
| EBITDA | $52M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $248M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $245M |
| R&D Expenses | $67M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $107M |
| Other Expenses | $0 |
| Operating Expenses | $173M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $72M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | -$306M |
| Net Income from Continuing Ops | $348M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $348M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $348M |
| D&A | $2M |
| EBIT | $50M |
| EBITDA | $52M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $348M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$280M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $89M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$336M |
| Sales/Maturities of Investments | $193M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$148M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$187M |
| NET CASH FROM FINANCING | -$179M |
| FREE CASH FLOW | $84M |
| Net Change in Cash | -$238M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $187M |
| Short-Term Investments | $614M |
| Net Receivables | $157M |
| Inventory | $28M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $127M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $265M |
| Tax Assets | $319M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $719M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $39M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $91M |
| TOTAL CURRENT LIABILITIES | $187M |
| Long-Term Debt | $318M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $422M |
| TOTAL LIABILITIES | $609M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$725M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $412M |
| Net Debt | $225M |
