| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $57M | $63M | -9.7% | -17.5% |
| Op. Income | $13M | $17M | $20M | -21.9% | -34.2% |
| Gross Margin | 97.3% | 100.1% | 98.0% | -2.8pp | -0.6pp |
| Net Margin | 19.6% | 22.1% | 24.2% | -2.5pp | -4.6pp |
| EPS (Diluted) | $0.57 | $0.72 | $0.86 | -20.5% | -33.7% |
| Free Cash Flow | $35M | $31M | $55M | 15.2% | -35.6% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $600.0K |
| General & Administrative | $19M |
| SG&A Expenses | $20M |
| Other Expenses | $18M |
| Operating Expenses | $37M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $13M |
| Interest Income | $23M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $2M |
| EBIT | $13M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $600.0K |
| General & Administrative | $19M |
| SG&A Expenses | $20M |
| Other Expenses | $18M |
| Operating Expenses | $37M |
| Cost & Expenses | $39M |
| OPERATING INCOME | $13M |
| Interest Income | $23M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $2M |
| EBIT | $13M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $378.0K |
| Deferred Income Tax | $854.0K |
| Other Non-Cash Items | $25M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$130.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$96M |
| Sales/Maturities of Investments | $43M |
| Other Investing Activities | -$60M |
| NET CASH FROM INVESTING | -$113M |
| Net Debt Issuance | -$59.0K |
| Common Stock Repurchased | -$607.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$28M |
| NET CASH FROM FINANCING | -$32M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | -$109M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $133M |
| Short-Term Investments | $866M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $21M |
| Goodwill | $31M |
| Intangible Assets | $21M |
| Long-Term Investments | $2.1B |
| Tax Assets | $24M |
| Other Non-Current Assets | $83M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.9B |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $59M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $63M |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $17M |
| Additional Paid-In Capital | $93M |
| Retained Earnings | $261M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $329M |
| Minority Interest | $0 |
| TOTAL EQUITY | $329M |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $63M |
| Net Debt | -$70M |
