| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $706M | $443M | $400M | 59.4% | 76.4% |
| Op. Income | $205M | -$97M | -$43M | 311.4% | 575.0% |
| Gross Margin | 81.7% | 74.5% | 75.9% | 7.2pp | 5.8pp |
| Net Margin | 29.5% | -21.3% | -8.9% | 50.7pp | 38.4pp |
| EPS (Diluted) | $0.30 | $-0.16 | $-0.06 | 287.5% | 572.4% |
| Free Cash Flow | $97M | -$95M | -$4M | 202.1% | 2666.6% |
| Item | Amount |
|---|---|
| REVENUE | $706M |
| Cost of Revenue | $129M |
| GROSS PROFIT | $577M |
| R&D Expenses | $164M |
| Selling & Marketing | $121M |
| General & Administrative | $87M |
| SG&A Expenses | $208M |
| Other Expenses | $0 |
| Operating Expenses | $371M |
| Cost & Expenses | $500M |
| OPERATING INCOME | $205M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $209M |
| Income Tax Expense | $671.0K |
| Net Income from Continuing Ops | $208M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $208M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $208M |
| D&A | $8M |
| EBIT | $207M |
| EBITDA | $215M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $706M |
| Cost of Revenue | $129M |
| GROSS PROFIT | $577M |
| R&D Expenses | $164M |
| Selling & Marketing | $121M |
| General & Administrative | $87M |
| SG&A Expenses | $208M |
| Other Expenses | $0 |
| Operating Expenses | $371M |
| Cost & Expenses | $500M |
| OPERATING INCOME | $205M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $209M |
| Income Tax Expense | $671.0K |
| Net Income from Continuing Ops | $208M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $208M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $208M |
| D&A | $8M |
| EBIT | $207M |
| EBITDA | $215M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $208M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $86M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$205M |
| OPERATING CASH FLOW | $101M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $48M |
| Purchases of Investments | -$408M |
| Sales/Maturities of Investments | $313M |
| Other Investing Activities | -$48M |
| NET CASH FROM INVESTING | -$99M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | $97M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $667M |
| Short-Term Investments | $1.1B |
| Net Receivables | $564M |
| Inventory | $0 |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $225M |
| Goodwill | $7M |
| Intangible Assets | $7M |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $252M |
| TOTAL ASSETS | $2.6B |
| Account Payables | $49M |
| Short-Term Debt | $44M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $78M |
| TOTAL CURRENT LIABILITIES | $205M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $162M |
| TOTAL LIABILITIES | $367M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $4.6B |
| Retained Earnings | -$2.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $183M |
| Net Debt | -$484M |
