| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $95M | $100M | $101M | -4.4% | -6.1% |
| Op. Income | $34M | $44M | $49M | -21.0% | -30.1% |
| Gross Margin | 94.7% | 99.5% | 99.8% | -4.7pp | -5.1pp |
| Net Margin | 29.1% | 34.9% | 39.2% | -5.8pp | -10.1pp |
| EPS (Diluted) | $0.29 | $0.37 | $0.41 | -21.6% | -29.3% |
| Free Cash Flow | $27M | $41M | $49M | -34.7% | -45.2% |
| Item | Amount |
|---|---|
| REVENUE | $95M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $90M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $35M |
| SG&A Expenses | $36M |
| Other Expenses | $20M |
| Operating Expenses | $56M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $34M |
| Interest Income | $71M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $3M |
| EBIT | $34M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $95M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $90M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $35M |
| SG&A Expenses | $36M |
| Other Expenses | $20M |
| Operating Expenses | $56M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $34M |
| Interest Income | $71M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $3M |
| EBIT | $34M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$200.0K |
| Sales/Maturities of Investments | $79M |
| Other Investing Activities | -$110M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | -$43M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $189M |
| NET CASH FROM FINANCING | $134M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $129M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $525M |
| Short-Term Investments | $933M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $121M |
| Goodwill | $303M |
| Intangible Assets | $11M |
| Long-Term Investments | $7.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $350M |
| TOTAL NON-CURRENT ASSETS | $8.2B |
| TOTAL ASSETS | $9.6B |
| Account Payables | $0 |
| Short-Term Debt | $96M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.2B |
| TOTAL CURRENT LIABILITIES | $8.3B |
| Long-Term Debt | $176M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $125M |
| TOTAL NON-CURRENT LIABILITIES | $307M |
| TOTAL LIABILITIES | $8.6B |
| Common Stock | $114M |
| Additional Paid-In Capital | $497M |
| Retained Earnings | $708M |
| Treasury Stock | -$183M |
| Accum. Other Comp. Income | -$68M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $9.6B |
| Total Debt | $278M |
| Net Debt | -$247M |
