| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $210M | $205M | $281M | 2.4% | -25.6% |
| Op. Income | $85M | $72M | $162M | 18.6% | -47.7% |
| Gross Margin | 86.1% | 86.5% | 79.9% | -0.4pp | 6.2pp |
| Net Margin | 34.8% | 31.1% | 52.7% | 3.7pp | -17.9pp |
| EPS (Diluted) | $0.49 | $0.41 | $1.02 | 20.0% | -52.0% |
| Free Cash Flow | $0 | $101M | $0 | -100.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $210M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $180M |
| R&D Expenses | $36M |
| Selling & Marketing | $37M |
| General & Administrative | $23M |
| SG&A Expenses | $59M |
| Other Expenses | $0 |
| Operating Expenses | $96M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $85M |
| Interest Income | $73M |
| Interest Expense | $5M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $0 |
| EBIT | $85M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $210M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $180M |
| R&D Expenses | $36M |
| Selling & Marketing | $37M |
| General & Administrative | $23M |
| SG&A Expenses | $59M |
| Other Expenses | $0 |
| Operating Expenses | $96M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $85M |
| Interest Income | $73M |
| Interest Expense | $5M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $0 |
| EBIT | $85M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$79M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $756M |
| Short-Term Investments | $213M |
| Net Receivables | $4.7B |
| Inventory | $0 |
| Other Current Assets | $7.6B |
| TOTAL CURRENT ASSETS | $13.3B |
| PP&E (Net) | $29M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $137M |
| TOTAL NON-CURRENT ASSETS | $169M |
| TOTAL ASSETS | $13.4B |
| Account Payables | $10.0B |
| Short-Term Debt | $746M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $10.9B |
| Long-Term Debt | $477M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$598M |
| TOTAL NON-CURRENT LIABILITIES | -$102M |
| TOTAL LIABILITIES | $10.8B |
| Common Stock | $12.3K |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $603M |
| Treasury Stock | -$317M |
| Accum. Other Comp. Income | $15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $13.4B |
| Total Debt | $1.3B |
| Net Debt | $498M |
