| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $228M | $217M | $139M | 5.1% | 63.9% |
| Op. Income | $186M | $215M | $140M | -13.4% | 32.6% |
| Gross Margin | 83.7% | 84.8% | 77.3% | -1.1pp | 6.4pp |
| Net Margin | 79.2% | 99.6% | 100.8% | -20.4pp | -21.5pp |
| EPS (Diluted) | $0.47 | $0.56 | $0.36 | -16.1% | 30.6% |
| Free Cash Flow | $124M | -$70M | -$376M | 276.7% | 133.0% |
| Item | Amount |
|---|---|
| REVENUE | $228M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $191M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | -$3M |
| Operating Expenses | $5M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $186M |
| Interest Income | $208M |
| Interest Expense | $37M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $186M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $181M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $181M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $181M |
| D&A | $0 |
| EBIT | $186M |
| EBITDA | $186M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $228M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $191M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | -$3M |
| Operating Expenses | $5M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $186M |
| Interest Income | $208M |
| Interest Expense | $37M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $186M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $181M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $181M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $181M |
| D&A | $0 |
| EBIT | $186M |
| EBITDA | $186M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $181M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$95M |
| Change in Working Capital | $38M |
| OPERATING CASH FLOW | $124M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $755M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$813M |
| Net Debt Issuance | $954M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$195M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $826M |
| FREE CASH FLOW | $124M |
| Net Change in Cash | $137M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $349M |
| Short-Term Investments | $0 |
| Net Receivables | $66M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $453M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $272M |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.6B |
| TOTAL NON-CURRENT ASSETS | $10.9B |
| TOTAL ASSETS | $11.3B |
| Account Payables | $152M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $152M |
| Long-Term Debt | $5.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $113M |
| TOTAL NON-CURRENT LIABILITIES | $5.4B |
| TOTAL LIABILITIES | $5.6B |
| Common Stock | $4M |
| Additional Paid-In Capital | $5.9B |
| Retained Earnings | -$198M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.7B |
| TOTAL LIABILITIES & EQUITY | $11.3B |
| Total Debt | $5.3B |
| Net Debt | $4.9B |
