| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $45M | $44M | $43M | 3.3% | 5.0% |
| Op. Income | $26M | $26M | $25M | -1.3% | 4.4% |
| Gross Margin | 98.5% | 98.0% | 97.6% | 0.4pp | 0.9pp |
| Net Margin | 45.3% | 48.1% | 44.8% | -2.8pp | 0.4pp |
| EPS (Diluted) | $0.21 | $0.22 | $0.20 | -4.5% | 5.0% |
| Free Cash Flow | $33M | $44M | $34M | -25.2% | -4.3% |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $696.0K |
| GROSS PROFIT | $45M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $13M |
| Operating Expenses | $19M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $26M |
| Interest Income | $505.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $0 |
| 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 | $13M |
| EBIT | $26M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $696.0K |
| GROSS PROFIT | $45M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $13M |
| Operating Expenses | $19M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $26M |
| Interest Income | $505.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $0 |
| 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 | $13M |
| EBIT | $26M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $667.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$132M |
| NET CASH FROM INVESTING | -$133M |
| Net Debt Issuance | $120M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | $111M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $40M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $17M |
| Short-Term Debt | $170M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $213M |
| Long-Term Debt | $496M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $496M |
| TOTAL LIABILITIES | $709M |
| Common Stock | $960.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$256M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $925M |
| Minority Interest | $0 |
| TOTAL EQUITY | $925M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $666M |
| Net Debt | $635M |
