| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $126M | $105M | $96M | 19.8% | 31.4% |
| Op. Income | $58M | $47M | $48M | 23.3% | 19.9% |
| Gross Margin | 82.8% | 76.3% | 69.0% | 6.5pp | 13.8pp |
| Net Margin | 37.3% | 35.1% | 40.5% | 2.2pp | -3.2pp |
| EPS (Diluted) | $1.96 | $1.56 | $1.72 | 25.6% | 14.0% |
| Free Cash Flow | $15M | $72M | $64M | -79.3% | -76.8% |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $8M |
| SG&A Expenses | $25M |
| Other Expenses | $22M |
| Operating Expenses | $46M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $58M |
| Interest Income | $141M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | -$605.0K |
| BOTTOM LINE NET INCOME | $41M |
| D&A | -$1M |
| EBIT | $58M |
| EBITDA | $57M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $8M |
| SG&A Expenses | $25M |
| Other Expenses | $22M |
| Operating Expenses | $46M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $58M |
| Interest Income | $141M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | -$605.0K |
| BOTTOM LINE NET INCOME | $41M |
| D&A | -$1M |
| EBIT | $58M |
| EBITDA | $57M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | -$1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$49.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $170.0K |
| Other Investing Activities | -$134M |
| NET CASH FROM INVESTING | -$134M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $45.0K |
| NET CASH FROM FINANCING | $219.0K |
| FREE CASH FLOW | $15M |
| Net Change in Cash | -$119M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $167M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $181M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $48M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $39M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $998M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $178M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $252M |
| Retained Earnings | $10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $263M |
| Minority Interest | -$745.0K |
| TOTAL EQUITY | $262M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $1.0B |
| Net Debt | $838M |
