| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $104M | $102M | $107M | 2.1% | -2.8% |
| Op. Income | $54M | $51M | $47M | 6.3% | 15.6% |
| Gross Margin | 77.6% | 78.3% | 67.3% | -0.7pp | 10.4pp |
| Net Margin | 41.6% | 39.6% | 35.0% | 2.0pp | 6.6pp |
| EPS (Diluted) | $0.80 | $0.75 | $0.69 | 6.7% | 15.9% |
| Free Cash Flow | $12M | $52M | $41M | -76.4% | -70.3% |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $11M |
| Operating Expenses | $27M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $54M |
| Interest Income | $96M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $1M |
| EBIT | $54M |
| EBITDA | $55M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $11M |
| Operating Expenses | $27M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $54M |
| Interest Income | $96M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $1M |
| EBIT | $54M |
| EBITDA | $55M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $339.0K |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$631.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$123M |
| Sales/Maturities of Investments | $65M |
| Other Investing Activities | -$245M |
| NET CASH FROM INVESTING | -$304M |
| Net Debt Issuance | $34M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$29.0K |
| Other Financing Activities | $331M |
| NET CASH FROM FINANCING | $365M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $913M |
| Net Receivables | $37M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $55M |
| Goodwill | $0 |
| Intangible Assets | $14M |
| Long-Term Investments | $8.4B |
| Tax Assets | $27M |
| Other Non-Current Assets | $289M |
| TOTAL NON-CURRENT ASSETS | $8.8B |
| TOTAL ASSETS | $11.4B |
| Account Payables | $12M |
| Short-Term Debt | $669M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.7B |
| TOTAL CURRENT LIABILITIES | $10.4B |
| Long-Term Debt | $65M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $90M |
| TOTAL LIABILITIES | $10.4B |
| Common Stock | $54.0K |
| Additional Paid-In Capital | $223M |
| Retained Earnings | $707M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $949M |
| Minority Interest | $500.0K |
| TOTAL EQUITY | $950M |
| TOTAL LIABILITIES & EQUITY | $11.4B |
| Total Debt | $734M |
| Net Debt | -$888M |
