| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $115M | $118M | $118M | -2.4% | -2.7% |
| Op. Income | $70M | $72M | $67M | -2.8% | 4.2% |
| Gross Margin | 102.4% | 101.2% | 97.2% | 1.2pp | 5.2pp |
| Net Margin | 43.4% | 43.3% | 40.3% | 0.0pp | 3.1pp |
| EPS (Diluted) | $0.37 | $0.38 | $0.35 | -2.6% | 5.7% |
| Free Cash Flow | $66M | $22M | $40M | 197.9% | 64.6% |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | -$3M |
| GROSS PROFIT | $118M |
| R&D Expenses | $0 |
| Selling & Marketing | $857.0K |
| General & Administrative | $34M |
| SG&A Expenses | $34M |
| Other Expenses | $13M |
| Operating Expenses | $48M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $70M |
| Interest Income | $104M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | -$2M |
| EBIT | $70M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | -$3M |
| GROSS PROFIT | $118M |
| R&D Expenses | $0 |
| Selling & Marketing | $857.0K |
| General & Administrative | $34M |
| SG&A Expenses | $34M |
| Other Expenses | $13M |
| Operating Expenses | $48M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $70M |
| Interest Income | $104M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | -$2M |
| EBIT | $70M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | -$2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | $21.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$582M |
| Sales/Maturities of Investments | $204M |
| Other Investing Activities | $231M |
| NET CASH FROM INVESTING | -$147M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $343M |
| NET CASH FROM FINANCING | $310M |
| FREE CASH FLOW | $66M |
| Net Change in Cash | $229M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $2.9B |
| Net Receivables | $114M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.6B |
| PP&E (Net) | $50M |
| Goodwill | $664M |
| Intangible Assets | $27M |
| Long-Term Investments | $9.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $385M |
| TOTAL NON-CURRENT ASSETS | $10.6B |
| TOTAL ASSETS | $16.2B |
| Account Payables | $0 |
| Short-Term Debt | $660M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.5B |
| TOTAL CURRENT LIABILITIES | $13.6B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $548M |
| TOTAL NON-CURRENT LIABILITIES | $548M |
| TOTAL LIABILITIES | $14.1B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $852M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $16.2B |
| Total Debt | $660M |
| Net Debt | -$1.9B |
