| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $250M | $283M | $276M | -11.7% | -9.2% |
| Op. Income | $89M | $64M | $131M | 39.8% | -32.4% |
| Gross Margin | 86.0% | 88.7% | 92.3% | -2.7pp | -6.4pp |
| Net Margin | 26.8% | 44.2% | 35.8% | -17.4pp | -9.0pp |
| EPS (Diluted) | $0.79 | $1.41 | $1.06 | -44.0% | -25.5% |
| Free Cash Flow | $457M | $267M | $348M | 71.2% | 31.6% |
| Item | Amount |
|---|---|
| REVENUE | $250M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $215M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $70M |
| SG&A Expenses | $70M |
| Other Expenses | $56M |
| Operating Expenses | $126M |
| Cost & Expenses | $161M |
| OPERATING INCOME | $89M |
| Interest Income | $236M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $19M |
| EBIT | $89M |
| EBITDA | $108M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $250M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $215M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $70M |
| SG&A Expenses | $70M |
| Other Expenses | $56M |
| Operating Expenses | $126M |
| Cost & Expenses | $161M |
| OPERATING INCOME | $89M |
| Interest Income | $236M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $19M |
| EBIT | $89M |
| EBITDA | $108M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $67M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | $261M |
| Change in Working Capital | $93M |
| OPERATING CASH FLOW | $457M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.8B |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | $132M |
| NET CASH FROM INVESTING | -$580M |
| Net Debt Issuance | $1.5B |
| Common Stock Repurchased | -$82M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$883M |
| NET CASH FROM FINANCING | $505M |
| FREE CASH FLOW | $457M |
| Net Change in Cash | $383M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $697M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $697M |
| PP&E (Net) | $627M |
| Goodwill | $78M |
| Intangible Assets | $0 |
| Long-Term Investments | $34.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $922M |
| TOTAL NON-CURRENT ASSETS | $35.6B |
| TOTAL ASSETS | $36.3B |
| Account Payables | $0 |
| Short-Term Debt | $199M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28.5B |
| TOTAL CURRENT LIABILITIES | $28.7B |
| Long-Term Debt | $4.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $614M |
| TOTAL NON-CURRENT LIABILITIES | $4.7B |
| TOTAL LIABILITIES | $33.5B |
| Common Stock | $841.0K |
| Additional Paid-In Capital | $627M |
| Retained Earnings | $2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$158M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $36.3B |
| Total Debt | $4.3B |
| Net Debt | $3.6B |
