| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $149M | $143M | $132M | 3.8% | 12.5% |
| Op. Income | $47M | -$7M | $43M | 733.8% | 7.7% |
| Gross Margin | 88.8% | 56.6% | 85.5% | 32.2pp | 3.3pp |
| Net Margin | 25.6% | -4.3% | 25.3% | 29.9pp | 0.3pp |
| EPS (Diluted) | $0.30 | $-0.05 | $0.31 | 700.0% | -3.2% |
| Free Cash Flow | $63M | $33M | $27M | 93.4% | 135.3% |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $132M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $53M |
| SG&A Expenses | $56M |
| Other Expenses | $30M |
| Operating Expenses | $86M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $47M |
| Interest Income | $113M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $3M |
| EBIT | $47M |
| EBITDA | $49M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $132M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $53M |
| SG&A Expenses | $56M |
| Other Expenses | $30M |
| Operating Expenses | $86M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $47M |
| Interest Income | $113M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $3M |
| EBIT | $47M |
| EBITDA | $49M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $743.0K |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$326M |
| Sales/Maturities of Investments | $116M |
| Other Investing Activities | $66M |
| NET CASH FROM INVESTING | -$147M |
| Net Debt Issuance | -$41M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$24M |
| Other Financing Activities | -$35M |
| NET CASH FROM FINANCING | -$100M |
| FREE CASH FLOW | $63M |
| Net Change in Cash | -$180M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $657M |
| Short-Term Investments | $1.4B |
| Net Receivables | $37M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $167M |
| Goodwill | $386M |
| Intangible Assets | $22M |
| Long-Term Investments | $10.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $454M |
| TOTAL NON-CURRENT ASSETS | $11.7B |
| TOTAL ASSETS | $13.8B |
| Account Payables | $1M |
| Short-Term Debt | $250M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.5B |
| TOTAL CURRENT LIABILITIES | $11.7B |
| Long-Term Debt | $277M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $257M |
| TOTAL NON-CURRENT LIABILITIES | $534M |
| TOTAL LIABILITIES | $12.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $545M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $13.8B |
| Total Debt | $527M |
| Net Debt | -$130M |
