| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $307M | -$313M | $166M | 198.1% | 85.5% |
| Op. Income | $303M | -$311M | $124M | 197.6% | 143.4% |
| Gross Margin | 89.4% | 110.7% | 79.5% | -21.4pp | 9.9pp |
| Net Margin | 98.7% | 99.7% | 75.2% | -1.0pp | 23.5pp |
| EPS (Diluted) | $0.79 | $-0.79 | $0.44 | 200.0% | 79.5% |
| Free Cash Flow | $260M | -$373M | -$171M | 169.8% | 252.4% |
| Item | Amount |
|---|---|
| REVENUE | $307M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $275M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | -$33M |
| Operating Expenses | -$28M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $303M |
| Interest Income | $183M |
| Interest Expense | $33M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $303M |
| Income Tax Expense | -$668.0K |
| Net Income from Continuing Ops | $304M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $304M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $304M |
| D&A | $0 |
| EBIT | $303M |
| EBITDA | $303M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $307M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $275M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | -$33M |
| Operating Expenses | -$28M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $303M |
| Interest Income | $183M |
| Interest Expense | $33M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $303M |
| Income Tax Expense | -$668.0K |
| Net Income from Continuing Ops | $304M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $304M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $304M |
| D&A | $0 |
| EBIT | $303M |
| EBITDA | $303M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $304M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$188M |
| Change in Working Capital | $145M |
| OPERATING CASH FLOW | $260M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$382M |
| Sales/Maturities of Investments | $307M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$75M |
| Net Debt Issuance | -$152M |
| Common Stock Repurchased | -$102M |
| Common Dividends Paid | -$80M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$380M |
| FREE CASH FLOW | $260M |
| Net Change in Cash | -$195M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $180M |
| Short-Term Investments | $0 |
| Net Receivables | $54M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $278M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $159M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9.1B |
| TOTAL NON-CURRENT ASSETS | $9.2B |
| TOTAL ASSETS | $9.5B |
| Account Payables | $363M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $363M |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $53M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $4M |
| Additional Paid-In Capital | $5.9B |
| Retained Earnings | -$294M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.6B |
| TOTAL LIABILITIES & EQUITY | $9.5B |
| Total Debt | $3.5B |
| Net Debt | $3.3B |
