| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $45M | $14M | -71.3% | -4.1% |
| Op. Income | $8M | $40M | $9M | -80.2% | -9.6% |
| Gross Margin | 70.4% | 91.0% | 72.2% | -20.6pp | -1.8pp |
| Net Margin | 57.6% | 87.8% | 62.3% | -30.1pp | -4.7pp |
| EPS (Diluted) | $0.39 | $2.04 | $0.45 | -80.9% | -13.3% |
| Free Cash Flow | $25M | $16M | -$46M | 60.0% | 154.4% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $8M |
| Interest Income | $13M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $460.6K |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $0 |
| EBIT | $8M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $8M |
| Interest Income | $13M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $460.6K |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $0 |
| EBIT | $8M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $41M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $622M |
| TOTAL NON-CURRENT ASSETS | $622M |
| TOTAL ASSETS | $663M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $391M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $400M |
| TOTAL LIABILITIES | $407M |
| Common Stock | $19.5K |
| Additional Paid-In Capital | $277M |
| Retained Earnings | -$21M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $257M |
| Minority Interest | $0 |
| TOTAL EQUITY | $257M |
| TOTAL LIABILITIES & EQUITY | $663M |
| Total Debt | $391M |
| Net Debt | $352M |
