| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $93M | $89M | $83M | 4.8% | 12.6% |
| Op. Income | $26M | $26M | $23M | 3.1% | 16.6% |
| Gross Margin | 77.8% | 78.7% | 79.3% | -0.9pp | -1.5pp |
| Net Margin | 24.4% | 29.6% | 23.2% | -5.2pp | 1.2pp |
| EPS (Diluted) | $0.56 | $0.64 | $0.47 | -12.5% | 19.1% |
| Free Cash Flow | $47M | $25M | $40M | 88.5% | 16.4% |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $72M |
| R&D Expenses | $18M |
| Selling & Marketing | $16M |
| General & Administrative | $12M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $26M |
| Interest Income | $1M |
| Interest Expense | $1.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $8M |
| EBIT | $28M |
| EBITDA | $36M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $72M |
| R&D Expenses | $18M |
| Selling & Marketing | $16M |
| General & Administrative | $12M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $26M |
| Interest Income | $1M |
| Interest Expense | $1.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $8M |
| EBIT | $28M |
| EBITDA | $36M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $286.0K |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$128M |
| Sales/Maturities of Investments | $99M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | -$31.0K |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | $47M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $93M |
| Short-Term Investments | $226M |
| Net Receivables | $64M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $406M |
| PP&E (Net) | $116M |
| Goodwill | $7M |
| Intangible Assets | $14M |
| Long-Term Investments | $133M |
| Tax Assets | $14M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $302M |
| TOTAL ASSETS | $707M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $200M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $239M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $181.0K |
| TOTAL NON-CURRENT LIABILITIES | $68M |
| TOTAL LIABILITIES | $307M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $389M |
| Retained Earnings | $10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $400M |
| Minority Interest | $0 |
| TOTAL EQUITY | $400M |
| TOTAL LIABILITIES & EQUITY | $707M |
| Total Debt | $60M |
| Net Debt | -$33M |
