| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $81M | $78M | $81M | 4.5% | 0.4% |
| Op. Income | $43M | $43M | $33M | 0.2% | 32.0% |
| Gross Margin | 87.8% | 89.2% | 73.1% | -1.4pp | 14.7pp |
| Net Margin | 39.6% | 41.6% | 30.7% | -2.0pp | 8.9pp |
| EPS (Diluted) | $0.80 | $0.81 | $0.62 | -1.2% | 29.0% |
| Free Cash Flow | $33M | $39M | $24M | -14.5% | 37.6% |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $345.0K |
| General & Administrative | $17M |
| SG&A Expenses | $18M |
| Other Expenses | $11M |
| Operating Expenses | $28M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $43M |
| Interest Income | $77M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $2M |
| EBIT | $43M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $345.0K |
| General & Administrative | $17M |
| SG&A Expenses | $18M |
| Other Expenses | $11M |
| Operating Expenses | $28M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $43M |
| Interest Income | $77M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $2M |
| EBIT | $43M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$77M |
| Sales/Maturities of Investments | $68M |
| Other Investing Activities | -$167M |
| NET CASH FROM INVESTING | -$178M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $317M |
| NET CASH FROM FINANCING | $207M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | $64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $413M |
| Short-Term Investments | $463M |
| Net Receivables | $34M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $910M |
| PP&E (Net) | $41M |
| Goodwill | $208M |
| Intangible Assets | $9M |
| Long-Term Investments | $6.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $264M |
| TOTAL NON-CURRENT ASSETS | $7.0B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.4B |
| TOTAL CURRENT LIABILITIES | $6.4B |
| Long-Term Debt | $406M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $453M |
| TOTAL LIABILITIES | $6.9B |
| Common Stock | $587M |
| Additional Paid-In Capital | $26M |
| Retained Earnings | $414M |
| Treasury Stock | -$38M |
| Accum. Other Comp. Income | -$973.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $419M |
| Net Debt | $5M |
