| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $90M | $73M | $84M | 23.4% | 7.8% |
| Op. Income | $52M | $36M | $43M | 43.0% | 20.4% |
| Gross Margin | 97.4% | 95.2% | 86.1% | 2.2pp | 11.3pp |
| Net Margin | 41.3% | 35.6% | 37.0% | 5.6pp | 4.3pp |
| EPS (Diluted) | $0.83 | $0.58 | $0.69 | 43.1% | 20.3% |
| Free Cash Flow | $29M | $7M | $21M | 320.6% | 34.3% |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $13M |
| Operating Expenses | $36M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $52M |
| Interest Income | $62M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $2M |
| EBIT | $52M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $13M |
| Operating Expenses | $36M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $52M |
| Interest Income | $62M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $2M |
| EBIT | $52M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $573.0K |
| Deferred Income Tax | -$800.0K |
| Other Non-Cash Items | -$17M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$730.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$223M |
| Sales/Maturities of Investments | $64M |
| Other Investing Activities | $216M |
| NET CASH FROM INVESTING | $57M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$262M |
| NET CASH FROM FINANCING | -$272M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | -$186M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $783M |
| Short-Term Investments | $892M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5.8B |
| Tax Assets | $11M |
| Other Non-Current Assets | $157M |
| TOTAL NON-CURRENT ASSETS | $6.1B |
| TOTAL ASSETS | $7.7B |
| Account Payables | $111M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.8B |
| TOTAL CURRENT LIABILITIES | $7.0B |
| Long-Term Debt | $13M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $7.0B |
| Common Stock | $45.0K |
| Additional Paid-In Capital | $437M |
| Retained Earnings | $321M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $767M |
| Minority Interest | $0 |
| TOTAL EQUITY | $767M |
| TOTAL LIABILITIES & EQUITY | $7.7B |
| Total Debt | $13M |
| Net Debt | -$771M |
