| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $169M | $135M | $144M | 25.1% | 17.5% |
| Op. Income | $43M | $56M | $66M | -23.2% | -34.9% |
| Gross Margin | 82.7% | 94.6% | 93.7% | -11.9pp | -11.0pp |
| Net Margin | 23.0% | 35.9% | 38.5% | -12.9pp | -15.5pp |
| EPS (Diluted) | $0.63 | $0.91 | $1.03 | -30.8% | -38.8% |
| Free Cash Flow | $45M | $50M | $42M | -10.7% | 6.0% |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $140M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $59M |
| SG&A Expenses | $60M |
| Other Expenses | $37M |
| Operating Expenses | $97M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $43M |
| Interest Income | $141M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $3M |
| EBIT | $43M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $140M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $59M |
| SG&A Expenses | $60M |
| Other Expenses | $37M |
| Operating Expenses | $97M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $43M |
| Interest Income | $141M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $3M |
| EBIT | $43M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$329M |
| Sales/Maturities of Investments | $412M |
| Other Investing Activities | -$24M |
| NET CASH FROM INVESTING | $59M |
| Net Debt Issuance | $245M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$265M |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | $64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $349M |
| Short-Term Investments | $2.3B |
| Net Receivables | $69M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $118M |
| Goodwill | $713M |
| Intangible Assets | $40M |
| Long-Term Investments | $13.5B |
| Tax Assets | $115M |
| Other Non-Current Assets | $566M |
| TOTAL NON-CURRENT ASSETS | $15.1B |
| TOTAL ASSETS | $17.8B |
| Account Payables | $3M |
| Short-Term Debt | $286M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.6B |
| TOTAL CURRENT LIABILITIES | $14.9B |
| Long-Term Debt | $750M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $192M |
| TOTAL NON-CURRENT LIABILITIES | $943M |
| TOTAL LIABILITIES | $15.8B |
| Common Stock | $7M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $917M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$199M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $17.8B |
| Total Debt | $1.0B |
| Net Debt | $687M |
