| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $229M | $223M | $195M | 2.8% | 17.7% |
| Op. Income | $113M | $111M | $24M | 1.9% | 365.7% |
| Gross Margin | 97.5% | 105.1% | 64.6% | -7.6pp | 32.9pp |
| Net Margin | 33.0% | 31.7% | 14.7% | 1.4pp | 18.3pp |
| EPS (Diluted) | $0.36 | $0.33 | $0.13 | 9.1% | 176.9% |
| Free Cash Flow | $76M | $107M | $44M | -28.7% | 73.9% |
| Item | Amount |
|---|---|
| REVENUE | $229M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $223M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $54M |
| SG&A Expenses | $57M |
| Other Expenses | $54M |
| Operating Expenses | $111M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $113M |
| Interest Income | $200M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $113M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $9M |
| EBIT | $113M |
| EBITDA | $121M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $229M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $223M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $54M |
| SG&A Expenses | $57M |
| Other Expenses | $54M |
| Operating Expenses | $111M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $113M |
| Interest Income | $200M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $113M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $9M |
| EBIT | $113M |
| EBITDA | $121M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $30M |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $79M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$614M |
| Sales/Maturities of Investments | $303M |
| Other Investing Activities | $266M |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$97M |
| NET CASH FROM FINANCING | -$162M |
| FREE CASH FLOW | $76M |
| Net Change in Cash | -$131M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.7B |
| Short-Term Investments | $6.4B |
| Net Receivables | $58M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9.1B |
| PP&E (Net) | $150M |
| Goodwill | $39M |
| Intangible Assets | $33M |
| Long-Term Investments | $11.1B |
| Tax Assets | $243M |
| Other Non-Current Assets | $621M |
| TOTAL NON-CURRENT ASSETS | $12.2B |
| TOTAL ASSETS | $21.3B |
| Account Payables | $270M |
| Short-Term Debt | $300M |
| Deferred Revenue | $45M |
| Other Current Liabilities | $18.0B |
| TOTAL CURRENT LIABILITIES | $18.6B |
| Long-Term Debt | $504M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $504M |
| TOTAL LIABILITIES | $19.1B |
| Common Stock | $22M |
| Additional Paid-In Capital | $799M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $21.3B |
| Total Debt | $804M |
| Net Debt | -$1.9B |
