| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $68M | $60M | $61M | 12.2% | 11.0% |
| Op. Income | $10M | $8M | $4M | 35.0% | 146.3% |
| Gross Margin | 90.5% | 90.2% | 89.8% | 0.3pp | 0.7pp |
| Net Margin | 12.1% | 9.9% | 6.9% | 2.2pp | 5.2pp |
| EPS (Diluted) | $0.14 | $0.11 | $0.08 | 27.3% | 75.0% |
| Free Cash Flow | $18M | $9M | $10M | 100.9% | 88.6% |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $61M |
| R&D Expenses | $15M |
| Selling & Marketing | $13M |
| General & Administrative | $23M |
| SG&A Expenses | $36M |
| Other Expenses | $473.0K |
| Operating Expenses | $51M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $473.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $713.0K |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $61M |
| R&D Expenses | $15M |
| Selling & Marketing | $13M |
| General & Administrative | $23M |
| SG&A Expenses | $36M |
| Other Expenses | $473.0K |
| Operating Expenses | $51M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $473.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $713.0K |
| EBIT | $11M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $713.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $751.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$966.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$83M |
| Sales/Maturities of Investments | $67M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61M |
| Short-Term Investments | $307M |
| Net Receivables | $30M |
| Inventory | $1M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $409M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $22M |
| Long-Term Investments | $0 |
| Tax Assets | $82M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $124M |
| TOTAL ASSETS | $533M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $66M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $80M |
| Common Stock | $55.0K |
| Additional Paid-In Capital | $650M |
| Retained Earnings | -$197M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $239.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $453M |
| Minority Interest | $0 |
| TOTAL EQUITY | $453M |
| TOTAL LIABILITIES & EQUITY | $533M |
| Total Debt | $14M |
| Net Debt | -$47M |
