| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48M | $45M | $43M | 5.5% | 10.7% |
| Op. Income | $27M | $26M | $24M | 5.4% | 15.2% |
| Gross Margin | 98.4% | 98.5% | 96.8% | -0.1pp | 1.6pp |
| Net Margin | 44.6% | 45.3% | 43.9% | -0.6pp | 0.7pp |
| EPS (Diluted) | $0.22 | $0.21 | $0.20 | 4.8% | 10.0% |
| Free Cash Flow | $34M | $33M | $28M | 5.6% | 24.8% |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $766.0K |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $14M |
| Operating Expenses | $20M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $27M |
| Interest Income | $514.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $14M |
| EBIT | $28M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $766.0K |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $14M |
| Operating Expenses | $20M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $27M |
| Interest Income | $514.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $14M |
| EBIT | $28M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $517.0K |
| Change in Working Capital | -$895.0K |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $450M |
| Common Stock Repurchased | -$1.0K |
| Common Dividends Paid | -$26M |
| Other Financing Activities | -$169M |
| NET CASH FROM FINANCING | $256M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | $280M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $309M |
| TOTAL CURRENT ASSETS | $320M |
| 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 | $1.9B |
| Account Payables | $17M |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $93M |
| Long-Term Debt | $890M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $890M |
| TOTAL LIABILITIES | $983M |
| Common Stock | $963.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$261M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $930M |
| Minority Interest | $0 |
| TOTAL EQUITY | $930M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $940M |
| Net Debt | $938M |
