| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $109M | $107M | $102M | 1.1% | 6.1% |
| Op. Income | $62M | $49M | $63M | 24.8% | -1.9% |
| Gross Margin | 96.3% | 84.9% | 95.8% | 11.4pp | 0.5pp |
| Net Margin | 44.5% | 35.6% | 49.1% | 8.9pp | -4.6pp |
| EPS (Diluted) | $0.56 | $0.45 | $0.71 | 24.4% | -21.1% |
| Free Cash Flow | $35M | $83M | $66M | -58.4% | -47.7% |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $43M |
| Operating Expenses | $43M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $62M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $3M |
| EBIT | $70M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $43M |
| Operating Expenses | $43M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $62M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $3M |
| EBIT | $70M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $48M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $22M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$164M |
| Sales/Maturities of Investments | $58M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$109M |
| Net Debt Issuance | -$175.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | -$67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $121M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $121M |
| PP&E (Net) | $34M |
| Goodwill | $3M |
| Intangible Assets | $63M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $393M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $404M |
| TOTAL NON-CURRENT LIABILITIES | $797M |
| TOTAL LIABILITIES | $797M |
| Common Stock | $852.0K |
| Additional Paid-In Capital | $938M |
| Retained Earnings | $377M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $393M |
| Net Debt | $272M |
