| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $729M | $121M | $280M | 504.2% | 160.7% |
| Op. Income | $642M | $46M | $221M | 1294.2% | 191.3% |
| Gross Margin | 89.6% | 47.7% | 83.4% | 41.9pp | 6.3pp |
| Net Margin | 63.7% | -492.8% | 15.8% | 556.5pp | 47.9pp |
| EPS (Diluted) | $4.51 | $-5.93 | $0.50 | 176.1% | 802.0% |
| Free Cash Flow | $903M | $1.7B | -$1.1B | -47.1% | 185.2% |
| Item | Amount |
|---|---|
| REVENUE | $729M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $654M |
| R&D Expenses | $331.0K |
| Selling & Marketing | $1M |
| General & Administrative | $10M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $87M |
| OPERATING INCOME | $642M |
| Interest Income | $33M |
| Interest Expense | $61M |
| Other Income/Expenses | -$174M |
| INCOME BEFORE TAX | $468M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $465M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $465M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $458M |
| D&A | $0 |
| EBIT | $468M |
| EBITDA | $468M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $729M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $654M |
| R&D Expenses | $331.0K |
| Selling & Marketing | $1M |
| General & Administrative | $10M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $87M |
| OPERATING INCOME | $642M |
| Interest Income | $33M |
| Interest Expense | $61M |
| Other Income/Expenses | -$174M |
| INCOME BEFORE TAX | $468M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $465M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $465M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $458M |
| D&A | $0 |
| EBIT | $468M |
| EBITDA | $468M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $465M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $868.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $265M |
| Change in Working Capital | $172M |
| OPERATING CASH FLOW | $903M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$175M |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | -$78M |
| NET CASH FROM INVESTING | $1.1B |
| Net Debt Issuance | -$426M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$25M |
| Other Financing Activities | -$2.3B |
| NET CASH FROM FINANCING | -$2.8B |
| FREE CASH FLOW | $903M |
| Net Change in Cash | -$753M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $346M |
| Short-Term Investments | $274M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | -$3M |
| TOTAL CURRENT ASSETS | $620M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $1.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.3B |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $9.1B |
| Account Payables | $48M |
| Short-Term Debt | $6.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.7B |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $408M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $201M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $993.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$185M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $9.1B |
| Total Debt | $6.4B |
| Net Debt | $6.0B |
