| Metric | Q4 2020 | Q3 2020 | Q4 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $88M | $94M | $53M | -5.8% | 65.9% |
| Op. Income | $37M | $35M | $12M | 5.3% | 214.5% |
| Gross Margin | 94.0% | 92.4% | 86.9% | 1.6pp | 7.1pp |
| Net Margin | 31.5% | 28.0% | 16.5% | 3.5pp | 15.0pp |
| EPS (Diluted) | $1.17 | $1.08 | $0.34 | 8.3% | 244.1% |
| Free Cash Flow | $15M | $17M | $27M | -11.2% | -43.1% |
| Item | Amount |
|---|---|
| REVENUE | $88M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $39M |
| SG&A Expenses | $40M |
| Other Expenses | $6M |
| Operating Expenses | $46M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $37M |
| Interest Income | $20M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $3M |
| EBIT | $37M |
| EBITDA | $40M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $88M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $39M |
| SG&A Expenses | $40M |
| Other Expenses | $6M |
| Operating Expenses | $46M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $37M |
| Interest Income | $20M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $3M |
| EBIT | $37M |
| EBITDA | $40M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | -$1M |
| Deferred Income Tax | -$175.0K |
| Other Non-Cash Items | -$30M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$308.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$670.0K |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $59M |
| NET CASH FROM INVESTING | $59M |
| Net Debt Issuance | -$44M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $160M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $293M |
| PP&E (Net) | $24M |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $1.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $103M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $0 |
| Short-Term Debt | $38M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $470M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $79M |
| TOTAL NON-CURRENT LIABILITIES | $549M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $251.0K |
| Additional Paid-In Capital | $181M |
| Retained Earnings | $245M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | -$15M |
| TOTAL STOCKHOLDERS' EQUITY | $413M |
| Minority Interest | $0 |
| TOTAL EQUITY | $413M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $508M |
| Net Debt | $432M |
