| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $161M | $164M | $151M | -2.1% | 6.3% |
| Op. Income | $63M | $64M | $39M | -1.7% | 59.8% |
| Gross Margin | 98.7% | 95.8% | 85.0% | 2.9pp | 13.7pp |
| Net Margin | 31.8% | 33.1% | 22.4% | -1.3pp | 9.4pp |
| EPS (Diluted) | $0.81 | $0.86 | $0.53 | -5.8% | 52.8% |
| Free Cash Flow | $85M | -$54M | $125M | 256.5% | -31.6% |
| Item | Amount |
|---|---|
| REVENUE | $161M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $159M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $71M |
| SG&A Expenses | $71M |
| Other Expenses | $25M |
| Operating Expenses | $96M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $63M |
| Interest Income | $119M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $11M |
| EBIT | $63M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $161M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $159M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $71M |
| SG&A Expenses | $71M |
| Other Expenses | $25M |
| Operating Expenses | $96M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $63M |
| Interest Income | $119M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $11M |
| EBIT | $63M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $800.0K |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $94M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$294M |
| Sales/Maturities of Investments | $288M |
| Other Investing Activities | $366M |
| NET CASH FROM INVESTING | $352M |
| Net Debt Issuance | -$357.0K |
| Common Stock Repurchased | -$6.0K |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $956M |
| NET CASH FROM FINANCING | $941M |
| FREE CASH FLOW | $85M |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $2.0B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $225M |
| Goodwill | $385M |
| Intangible Assets | $74M |
| Long-Term Investments | $11.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $621M |
| TOTAL NON-CURRENT ASSETS | $12.6B |
| TOTAL ASSETS | $16.6B |
| Account Payables | $0 |
| Short-Term Debt | $306M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.0B |
| TOTAL CURRENT LIABILITIES | $14.4B |
| Long-Term Debt | $204M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $212M |
| TOTAL NON-CURRENT LIABILITIES | $456M |
| TOTAL LIABILITIES | $14.8B |
| Common Stock | $13M |
| Additional Paid-In Capital | $233M |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $16.6B |
| Total Debt | $550M |
| Net Debt | -$1.4B |
