| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $125M | $117M | $119M | 7.1% | 5.1% |
| Op. Income | $63M | $67M | $89M | -5.1% | -29.2% |
| Gross Margin | 97.0% | 99.0% | 114.7% | -2.0pp | -17.7pp |
| Net Margin | 36.4% | 40.9% | 53.4% | -4.4pp | -17.0pp |
| EPS (Diluted) | $0.31 | $0.35 | $0.47 | -11.4% | -34.0% |
| Free Cash Flow | $74M | $56M | $46M | 31.5% | 59.9% |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $121M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $34M |
| SG&A Expenses | $35M |
| Other Expenses | $23M |
| Operating Expenses | $58M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $63M |
| Interest Income | $114M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $2M |
| EBIT | $63M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $121M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $34M |
| SG&A Expenses | $35M |
| Other Expenses | $23M |
| Operating Expenses | $58M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $63M |
| Interest Income | $114M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $2M |
| EBIT | $63M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $75M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $329M |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $321M |
| Other Investing Activities | $113M |
| NET CASH FROM INVESTING | -$330M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$70M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $272M |
| NET CASH FROM FINANCING | $176M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | -$80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $3.6B |
| Net Receivables | $186M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $53M |
| Goodwill | $766M |
| Intangible Assets | $27M |
| Long-Term Investments | $10.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $386M |
| TOTAL NON-CURRENT ASSETS | $12.0B |
| TOTAL ASSETS | $17.5B |
| Account Payables | $0 |
| Short-Term Debt | $599M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.2B |
| TOTAL CURRENT LIABILITIES | $15.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $377M |
| TOTAL NON-CURRENT LIABILITIES | $377M |
| TOTAL LIABILITIES | $15.5B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $896M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$146M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $17.5B |
| Total Debt | $599M |
| Net Debt | -$1.1B |
