| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $67M | $70M | $71M | -5.5% | -6.8% |
| Op. Income | $31M | $24M | $23M | 26.7% | 31.6% |
| Gross Margin | 93.5% | 76.6% | 73.1% | 16.8pp | 20.3pp |
| Net Margin | 40.7% | 30.6% | 27.7% | 10.1pp | 13.0pp |
| EPS (Diluted) | $0.82 | $0.65 | $0.58 | 26.2% | 41.4% |
| Free Cash Flow | $30M | $18M | $22M | 72.8% | 41.1% |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $62M |
| R&D Expenses | $0 |
| Selling & Marketing | $519.0K |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $9M |
| Operating Expenses | $31M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $31M |
| Interest Income | $56M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $3M |
| EBIT | $31M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $62M |
| R&D Expenses | $0 |
| Selling & Marketing | $519.0K |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $9M |
| Operating Expenses | $31M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $31M |
| Interest Income | $56M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $3M |
| EBIT | $31M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $786.0K |
| Deferred Income Tax | $650.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$109M |
| Sales/Maturities of Investments | $140M |
| Other Investing Activities | $83M |
| NET CASH FROM INVESTING | $111M |
| Net Debt Issuance | -$171M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $33M |
| NET CASH FROM FINANCING | -$148M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $96M |
| Short-Term Investments | $2.6B |
| Net Receivables | $30M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $164M |
| Goodwill | $201M |
| Intangible Assets | $11M |
| Long-Term Investments | $3.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $185M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $0 |
| Short-Term Debt | $42M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.1B |
| TOTAL CURRENT LIABILITIES | $5.1B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $68M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $6.4B |
| Common Stock | $47M |
| Additional Paid-In Capital | $771M |
| Retained Earnings | $94M |
| Treasury Stock | -$119M |
| Accum. Other Comp. Income | $46M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $839M |
| Minority Interest | $0 |
| TOTAL EQUITY | $839M |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
