| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $121M | $114M | $108M | 5.7% | 11.6% |
| Op. Income | $53M | $36M | $34M | 45.3% | 55.7% |
| Gross Margin | 95.7% | 84.8% | 81.1% | 10.8pp | 14.5pp |
| Net Margin | 33.6% | 23.8% | 24.0% | 9.8pp | 9.6pp |
| EPS (Diluted) | $0.53 | $0.37 | $0.40 | 43.2% | 32.5% |
| Free Cash Flow | $56M | -$22M | $26M | 351.5% | 115.4% |
| Item | Amount |
|---|---|
| REVENUE | $121M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $36M |
| SG&A Expenses | $38M |
| Other Expenses | $25M |
| Operating Expenses | $62M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $53M |
| Interest Income | $100M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $6M |
| EBIT | $53M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $121M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $36M |
| SG&A Expenses | $38M |
| Other Expenses | $25M |
| Operating Expenses | $62M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $53M |
| Interest Income | $100M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $6M |
| EBIT | $53M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$398.0K |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$129M |
| Sales/Maturities of Investments | $115M |
| Other Investing Activities | -$39M |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | -$237M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $285M |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | $56M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $532M |
| Short-Term Investments | $1.1B |
| Net Receivables | $46M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $76M |
| Goodwill | $443M |
| Intangible Assets | $23M |
| Long-Term Investments | $10.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $520M |
| TOTAL NON-CURRENT ASSETS | $11.2B |
| TOTAL ASSETS | $12.9B |
| Account Payables | $0 |
| Short-Term Debt | $100M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.9B |
| TOTAL CURRENT LIABILITIES | $10.0B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $227M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $11.3B |
| Common Stock | $832.0K |
| Additional Paid-In Capital | $962M |
| Retained Earnings | $718M |
| Treasury Stock | -$59M |
| Accum. Other Comp. Income | $18M |
| Other Equity | -$20M |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $12.9B |
| Total Debt | $1.2B |
| Net Debt | $669M |
