| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $93M | $76M | $69M | 21.5% | 33.9% |
| Op. Income | $43M | $32M | $31M | 33.2% | 37.8% |
| Gross Margin | 95.8% | 91.3% | 92.4% | 4.5pp | 3.4pp |
| Net Margin | 33.2% | 31.3% | 32.3% | 2.0pp | 1.0pp |
| EPS (Diluted) | $0.55 | $0.51 | $0.50 | 7.8% | 10.0% |
| Free Cash Flow | $39M | $26M | $32M | 49.6% | 22.3% |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $89M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $30M |
| SG&A Expenses | $30M |
| Other Expenses | $16M |
| Operating Expenses | $46M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $43M |
| Interest Income | $79M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $2M |
| EBIT | $43M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $89M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $30M |
| SG&A Expenses | $30M |
| Other Expenses | $16M |
| Operating Expenses | $46M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $43M |
| Interest Income | $79M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $2M |
| EBIT | $43M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$83M |
| Sales/Maturities of Investments | $88M |
| Other Investing Activities | -$486M |
| NET CASH FROM INVESTING | -$483M |
| Net Debt Issuance | $116M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $144M |
| NET CASH FROM FINANCING | $253M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | -$190M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $932M |
| Short-Term Investments | $258M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $36M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8.8B |
| Tax Assets | $18M |
| Other Non-Current Assets | $221M |
| TOTAL NON-CURRENT ASSETS | $9.3B |
| TOTAL ASSETS | $10.5B |
| Account Payables | $109M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.0B |
| TOTAL CURRENT LIABILITIES | $9.1B |
| Long-Term Debt | $326M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $326M |
| TOTAL LIABILITIES | $9.4B |
| Common Stock | $57.0K |
| Additional Paid-In Capital | $721M |
| Retained Earnings | $366M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $10.5B |
| Total Debt | $326M |
| Net Debt | -$606M |
