| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $122M | $122M | $131M | 0.3% | -6.9% |
| Op. Income | $46M | $31M | $42M | 47.4% | 10.6% |
| Gross Margin | 91.6% | 78.8% | 84.3% | 12.8pp | 7.3pp |
| Net Margin | 28.8% | 20.3% | 24.7% | 8.5pp | 4.1pp |
| EPS (Diluted) | $0.80 | $0.56 | $0.73 | 42.9% | 9.6% |
| Free Cash Flow | $29M | $36M | $41M | -17.9% | -27.7% |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $112M |
| R&D Expenses | $0 |
| Selling & Marketing | $530.0K |
| General & Administrative | $47M |
| SG&A Expenses | $47M |
| Other Expenses | $18M |
| Operating Expenses | $66M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $46M |
| Interest Income | $85M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $5M |
| EBIT | $46M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $112M |
| R&D Expenses | $0 |
| Selling & Marketing | $530.0K |
| General & Administrative | $47M |
| SG&A Expenses | $47M |
| Other Expenses | $18M |
| Operating Expenses | $66M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $46M |
| Interest Income | $85M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $5M |
| EBIT | $46M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $648.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$926.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$312M |
| Sales/Maturities of Investments | $156M |
| Other Investing Activities | $70M |
| NET CASH FROM INVESTING | -$86M |
| Net Debt Issuance | -$156M |
| Common Stock Repurchased | -$50.0K |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $142M |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | -$82M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $617M |
| Short-Term Investments | $1.2B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $73M |
| Goodwill | $281M |
| Intangible Assets | $13M |
| Long-Term Investments | $8.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $527M |
| TOTAL NON-CURRENT ASSETS | $9.0B |
| TOTAL ASSETS | $10.9B |
| Account Payables | $0 |
| Short-Term Debt | $183M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.0B |
| TOTAL CURRENT LIABILITIES | $9.1B |
| Long-Term Debt | $263M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $279M |
| TOTAL NON-CURRENT LIABILITIES | $542M |
| TOTAL LIABILITIES | $9.7B |
| Common Stock | $497.0K |
| Additional Paid-In Capital | $578M |
| Retained Earnings | $727M |
| Treasury Stock | -$141M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $10.9B |
| Total Debt | $447M |
| Net Debt | -$171M |
