| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $128M | -$155M | $30M | 182.5% | 323.6% |
| Op. Income | $120M | -$167M | $20M | 171.9% | 496.1% |
| Gross Margin | 95.0% | 104.6% | 74.9% | -9.6pp | 20.1pp |
| Net Margin | 93.7% | 106.5% | 66.0% | -12.7pp | 27.7pp |
| EPS (Diluted) | $2.55 | $-3.52 | $0.43 | 172.4% | 493.0% |
| Free Cash Flow | -$86M | -$78M | $61M | -10.3% | -241.1% |
| Item | Amount |
|---|---|
| REVENUE | $128M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $122M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $120M |
| Interest Income | $32M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $120M |
| Income Tax Expense | -$68.0K |
| Net Income from Continuing Ops | $120M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $120M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $120M |
| D&A | $0 |
| EBIT | $120M |
| EBITDA | $120M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $128M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $122M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $120M |
| Interest Income | $32M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $120M |
| Income Tax Expense | -$68.0K |
| Net Income from Continuing Ops | $120M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $120M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $120M |
| D&A | $0 |
| EBIT | $120M |
| EBITDA | $120M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $120M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$169M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | -$86M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$198M |
| Sales/Maturities of Investments | $137M |
| Other Investing Activities | $61M |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $62M |
| Common Stock Repurchased | -$390.0K |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $47M |
| FREE CASH FLOW | -$86M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $0 |
| Net Receivables | $26M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $76M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $870.0K |
| Tax Assets | $766.0K |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $761M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $784M |
| TOTAL LIABILITIES | $789M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$630M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $859M |
| Minority Interest | $0 |
| TOTAL EQUITY | $859M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $761M |
| Net Debt | $710M |
