| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $243M | $133M | $219M | 83.0% | 10.7% |
| Op. Income | $18M | -$24M | $13M | 174.8% | 33.5% |
| Gross Margin | 58.4% | 56.9% | 60.7% | 1.6pp | -2.3pp |
| Net Margin | 3.7% | 2.4% | 4.4% | 1.3pp | -0.7pp |
| EPS (Diluted) | $0.20 | $0.07 | $0.22 | 185.7% | -9.1% |
| Free Cash Flow | $4M | $22M | $28M | -83.7% | -87.3% |
| Item | Amount |
|---|---|
| REVENUE | $243M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $142M |
| R&D Expenses | $74M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $50M |
| Other Expenses | $0 |
| Operating Expenses | $124M |
| Cost & Expenses | $225M |
| OPERATING INCOME | $18M |
| Interest Income | $3M |
| Interest Expense | $8M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $17M |
| EBIT | $20M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $243M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $142M |
| R&D Expenses | $74M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $50M |
| Other Expenses | $0 |
| Operating Expenses | $124M |
| Cost & Expenses | $225M |
| OPERATING INCOME | $18M |
| Interest Income | $3M |
| Interest Expense | $8M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $17M |
| EBIT | $20M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $849.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$40M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$317M |
| Purchases of Investments | -$101M |
| Sales/Maturities of Investments | $70M |
| Other Investing Activities | $317M |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$562.0K |
| NET CASH FROM FINANCING | $290.0K |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $203M |
| Short-Term Investments | $522M |
| Net Receivables | $95M |
| Inventory | $48M |
| Other Current Assets | $57M |
| TOTAL CURRENT ASSETS | $976M |
| PP&E (Net) | $136M |
| Goodwill | $376M |
| Intangible Assets | $163M |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $332M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $55M |
| Short-Term Debt | $134M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $76M |
| TOTAL CURRENT LIABILITIES | $284M |
| Long-Term Debt | $429M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $80M |
| TOTAL NON-CURRENT LIABILITIES | $509M |
| TOTAL LIABILITIES | $794M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $204M |
| Retained Earnings | $994M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $563M |
| Net Debt | $361M |
