| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $155M | $164M | $163M | -5.1% | -4.8% |
| Op. Income | $51M | $55M | $58M | -7.2% | -12.2% |
| Gross Margin | 98.9% | 100.4% | 92.2% | -1.5pp | 6.7pp |
| Net Margin | 26.6% | 28.7% | 29.0% | -2.1pp | -2.4pp |
| EPS (Diluted) | $0.44 | $0.50 | $0.48 | -12.0% | -8.3% |
| Free Cash Flow | $141M | $102M | $144M | 38.3% | -2.6% |
| Item | Amount |
|---|---|
| REVENUE | $155M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $153M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $69M |
| SG&A Expenses | $71M |
| Other Expenses | $32M |
| Operating Expenses | $103M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $51M |
| Interest Income | $114M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $8M |
| EBIT | $51M |
| EBITDA | $59M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $155M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $153M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $69M |
| SG&A Expenses | $71M |
| Other Expenses | $32M |
| Operating Expenses | $103M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $51M |
| Interest Income | $114M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $8M |
| EBIT | $51M |
| EBITDA | $59M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $334.0K |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $80M |
| OPERATING CASH FLOW | $144M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$186M |
| Sales/Maturities of Investments | $243M |
| Other Investing Activities | $29M |
| NET CASH FROM INVESTING | $83M |
| Net Debt Issuance | -$141M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$53M |
| NET CASH FROM FINANCING | -$216M |
| FREE CASH FLOW | $141M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $458M |
| Short-Term Investments | $4.0B |
| Net Receivables | $126M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $278M |
| Goodwill | $1000M |
| Intangible Assets | $86M |
| Long-Term Investments | $9.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $892M |
| TOTAL NON-CURRENT ASSETS | $11.5B |
| TOTAL ASSETS | $16.0B |
| Account Payables | $488M |
| Short-Term Debt | $185M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.8B |
| TOTAL CURRENT LIABILITIES | $13.5B |
| Long-Term Debt | $378M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $380M |
| TOTAL LIABILITIES | $13.9B |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $857M |
| Treasury Stock | -$212M |
| Accum. Other Comp. Income | -$142M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $16.0B |
| Total Debt | $565M |
| Net Debt | $107M |
