| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $271M | $287M | $79M | -5.8% | 242.8% |
| Op. Income | $147M | $193M | -$14M | -23.7% | 1178.5% |
| Gross Margin | 58.8% | 71.1% | -0.4% | -12.3pp | 59.2pp |
| Net Margin | 30.6% | 34.6% | 74.1% | -4.0pp | -43.6pp |
| EPS (Diluted) | $0.78 | $0.94 | $0.55 | -17.0% | 41.8% |
| Free Cash Flow | $19M | -$2.0B | -$653M | 101.0% | 102.9% |
| Item | Amount |
|---|---|
| REVENUE | $271M |
| Cost of Revenue | $112M |
| GROSS PROFIT | $159M |
| R&D Expenses | $396.0K |
| Selling & Marketing | $1M |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $147M |
| Interest Income | $49M |
| Interest Expense | $70M |
| Other Income/Expenses | -$73M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $77M |
| D&A | $0 |
| EBIT | $218M |
| EBITDA | $218M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $271M |
| Cost of Revenue | $112M |
| GROSS PROFIT | $159M |
| R&D Expenses | $396.0K |
| Selling & Marketing | $1M |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $147M |
| Interest Income | $49M |
| Interest Expense | $70M |
| Other Income/Expenses | -$73M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $77M |
| D&A | $0 |
| EBIT | $218M |
| EBITDA | $218M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $83M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $693.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $106M |
| Change in Working Capital | -$171M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$559M |
| Sales/Maturities of Investments | $866M |
| Other Investing Activities | -$1.6B |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $219M |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | -$40M |
| Other Financing Activities | $857M |
| NET CASH FROM FINANCING | $1.0B |
| FREE CASH FLOW | $19M |
| Net Change in Cash | -$221M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $58M |
| Short-Term Investments | $127M |
| Net Receivables | $140M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $1.8B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9.6B |
| TOTAL NON-CURRENT ASSETS | $11.3B |
| TOTAL ASSETS | $11.5B |
| Account Payables | $136M |
| Short-Term Debt | $8.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$11M |
| TOTAL CURRENT LIABILITIES | $6.9B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $979.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$101M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $11.5B |
| Total Debt | $8.9B |
| Net Debt | $8.6B |
