| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $76M | $75M | $76M | 0.4% | -0.5% |
| Op. Income | $28M | $32M | $29M | -13.8% | -4.7% |
| Gross Margin | 90.2% | 99.9% | 87.5% | -9.7pp | 2.7pp |
| Net Margin | 26.9% | 30.9% | 27.6% | -4.0pp | -0.7pp |
| EPS (Diluted) | $0.20 | $0.23 | $0.20 | -13.0% | 0.0% |
| Free Cash Flow | $32M | $30M | $170M | 6.8% | -81.2% |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $649.0K |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $13M |
| Operating Expenses | $41M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $28M |
| Interest Income | $68M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $3M |
| EBIT | $28M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $649.0K |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $13M |
| Operating Expenses | $41M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $28M |
| Interest Income | $68M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $3M |
| EBIT | $28M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $951.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$865.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$47M |
| Sales/Maturities of Investments | $100M |
| Other Investing Activities | -$120M |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | $55M |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $26M |
| NET CASH FROM FINANCING | $60M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $96M |
| Short-Term Investments | $1.6B |
| Net Receivables | $28M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $78M |
| Goodwill | $0 |
| Intangible Assets | $91M |
| Long-Term Investments | $6.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $513M |
| TOTAL NON-CURRENT ASSETS | $7.5B |
| TOTAL ASSETS | $9.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.6B |
| TOTAL CURRENT LIABILITIES | $7.7B |
| Long-Term Debt | $433M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $471M |
| TOTAL LIABILITIES | $8.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $671M |
| Retained Earnings | $792M |
| Treasury Stock | -$294M |
| Accum. Other Comp. Income | -$100M |
| Other Equity | -$37M |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $9.2B |
| Total Debt | $433M |
| Net Debt | $337M |
