| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $49M | $51M | 0.0% | -4.0% |
| Op. Income | $16M | $16M | $21M | 2.6% | -23.3% |
| Gross Margin | 84.7% | 79.4% | 87.6% | 5.3pp | -2.8pp |
| Net Margin | 29.9% | 27.5% | 34.1% | 2.4pp | -4.1pp |
| EPS (Diluted) | $0.64 | $0.59 | $0.76 | 8.5% | -15.8% |
| Free Cash Flow | $8M | $15M | $17M | -49.7% | -55.3% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $523.0K |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $8M |
| Operating Expenses | $25M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $16M |
| Interest Income | $36M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $2M |
| EBIT | $16M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $41M |
| R&D Expenses | $0 |
| Selling & Marketing | $523.0K |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $8M |
| Operating Expenses | $25M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $16M |
| Interest Income | $36M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $2M |
| EBIT | $16M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $843.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$45M |
| Sales/Maturities of Investments | $101M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | $44M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$943.0K |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $26M |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50M |
| Short-Term Investments | $429M |
| Net Receivables | $28M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $506M |
| PP&E (Net) | $57M |
| Goodwill | $13M |
| Intangible Assets | $2M |
| Long-Term Investments | $3.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $356M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $325.0K |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.8B |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $57M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $76M |
| TOTAL NON-CURRENT LIABILITIES | $132M |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $37M |
| Additional Paid-In Capital | $41M |
| Retained Earnings | $342M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $429M |
| Minority Interest | $0 |
| TOTAL EQUITY | $429M |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $106M |
| Net Debt | $57M |
