| Metric | Q3 2020 | Q2 2020 | Q3 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $164M | $161M | $159M | 2.0% | 3.5% |
| Op. Income | $64M | $38M | $47M | 70.4% | 36.4% |
| Gross Margin | 95.8% | 78.9% | 84.5% | 16.9pp | 11.3pp |
| Net Margin | 33.1% | 19.9% | 25.8% | 13.2pp | 7.3pp |
| EPS (Diluted) | $0.86 | $0.51 | $0.64 | 68.6% | 34.4% |
| Free Cash Flow | -$54M | $89M | -$20M | -161.3% | -168.6% |
| Item | Amount |
|---|---|
| REVENUE | $164M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $157M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $69M |
| SG&A Expenses | $69M |
| Other Expenses | $24M |
| Operating Expenses | $93M |
| Cost & Expenses | $100M |
| OPERATING INCOME | $64M |
| Interest Income | $114M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $10M |
| EBIT | $64M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $164M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $157M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $69M |
| SG&A Expenses | $69M |
| Other Expenses | $24M |
| Operating Expenses | $93M |
| Cost & Expenses | $100M |
| OPERATING INCOME | $64M |
| Interest Income | $114M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $10M |
| EBIT | $64M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$109M |
| Change in Working Capital | -$271.0K |
| OPERATING CASH FLOW | -$45M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$269M |
| Sales/Maturities of Investments | $266M |
| Other Investing Activities | -$193M |
| NET CASH FROM INVESTING | -$203M |
| Net Debt Issuance | -$209.0K |
| Common Stock Repurchased | -$15.0K |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$199M |
| NET CASH FROM FINANCING | -$214M |
| FREE CASH FLOW | -$54M |
| Net Change in Cash | -$462M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $565M |
| Short-Term Investments | $1.9B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $223M |
| Goodwill | $385M |
| Intangible Assets | $70M |
| Long-Term Investments | $11.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $626M |
| TOTAL NON-CURRENT ASSETS | $13.1B |
| TOTAL ASSETS | $15.6B |
| Account Payables | $0 |
| Short-Term Debt | $154M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.2B |
| TOTAL CURRENT LIABILITIES | $13.4B |
| Long-Term Debt | $240M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $201M |
| TOTAL NON-CURRENT LIABILITIES | $472M |
| TOTAL LIABILITIES | $13.8B |
| Common Stock | $13M |
| Additional Paid-In Capital | $232M |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $15.6B |
| Total Debt | $426M |
| Net Debt | -$138M |
