| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $114M | $96M | $111M | 19.0% | 2.7% |
| Op. Income | $36M | $18M | $41M | 102.1% | -11.9% |
| Gross Margin | 84.8% | 70.9% | 82.0% | 13.9pp | 2.8pp |
| Net Margin | 23.8% | 14.9% | 28.3% | 8.9pp | -4.5pp |
| EPS (Diluted) | $0.37 | $0.22 | $0.49 | 68.2% | -24.5% |
| Free Cash Flow | -$22M | $28M | $35M | -179.0% | -163.6% |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $97M |
| R&D Expenses | $0 |
| Selling & Marketing | $773.0K |
| General & Administrative | $37M |
| SG&A Expenses | $38M |
| Other Expenses | $23M |
| Operating Expenses | $60M |
| Cost & Expenses | $78M |
| OPERATING INCOME | $36M |
| Interest Income | $93M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $5M |
| EBIT | $36M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $97M |
| R&D Expenses | $0 |
| Selling & Marketing | $773.0K |
| General & Administrative | $37M |
| SG&A Expenses | $38M |
| Other Expenses | $23M |
| Operating Expenses | $60M |
| Cost & Expenses | $78M |
| OPERATING INCOME | $36M |
| Interest Income | $93M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $5M |
| EBIT | $36M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$60M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $78M |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $132M |
| Other Investing Activities | -$236M |
| NET CASH FROM INVESTING | -$79M |
| Net Debt Issuance | $36M |
| Common Stock Repurchased | -$961.0K |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $138M |
| NET CASH FROM FINANCING | $155M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | $56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $510M |
| Short-Term Investments | $1.1B |
| Net Receivables | $44M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $73M |
| Goodwill | $0 |
| Intangible Assets | $467M |
| Long-Term Investments | $10.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $579M |
| TOTAL NON-CURRENT ASSETS | $11.2B |
| TOTAL ASSETS | $12.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.6B |
| TOTAL CURRENT LIABILITIES | $9.6B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $245M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $11.3B |
| Common Stock | $832.0K |
| Additional Paid-In Capital | $961M |
| Retained Earnings | $694M |
| Treasury Stock | -$45M |
| Accum. Other Comp. Income | $13M |
| Other Equity | -$23M |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $12.9B |
| Total Debt | $1.4B |
| Net Debt | $928M |
