| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $220M | $223M | $199M | -1.1% | 10.9% |
| Op. Income | $82M | $60M | $100M | 36.3% | -18.5% |
| Gross Margin | 94.6% | 85.1% | 97.6% | 9.4pp | -3.0pp |
| Net Margin | 30.8% | 22.8% | 40.7% | 8.0pp | -9.9pp |
| EPS (Diluted) | $0.61 | $0.46 | $0.85 | 32.6% | -28.2% |
| Free Cash Flow | $74M | $149M | $146M | -50.2% | -49.0% |
| Item | Amount |
|---|---|
| REVENUE | $220M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $208M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $80M |
| SG&A Expenses | $83M |
| Other Expenses | $43M |
| Operating Expenses | $127M |
| Cost & Expenses | $139M |
| OPERATING INCOME | $82M |
| Interest Income | $191M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $9M |
| EBIT | $82M |
| EBITDA | $90M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $220M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $208M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $80M |
| SG&A Expenses | $83M |
| Other Expenses | $43M |
| Operating Expenses | $127M |
| Cost & Expenses | $139M |
| OPERATING INCOME | $82M |
| Interest Income | $191M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $9M |
| EBIT | $82M |
| EBITDA | $90M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $41M |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$586M |
| Sales/Maturities of Investments | $443M |
| Other Investing Activities | -$310M |
| NET CASH FROM INVESTING | -$456M |
| Net Debt Issuance | $91M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $299M |
| NET CASH FROM FINANCING | $377M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | -$881.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $437M |
| Short-Term Investments | $6.5B |
| Net Receivables | $81M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.1B |
| PP&E (Net) | $373M |
| Goodwill | $985M |
| Intangible Assets | $50M |
| Long-Term Investments | $17.2B |
| Tax Assets | $120M |
| Other Non-Current Assets | $322M |
| TOTAL NON-CURRENT ASSETS | $19.0B |
| TOTAL ASSETS | $26.1B |
| Account Payables | $2M |
| Short-Term Debt | $958M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.7B |
| TOTAL CURRENT LIABILITIES | $22.7B |
| Long-Term Debt | $270M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $238M |
| TOTAL NON-CURRENT LIABILITIES | $507M |
| TOTAL LIABILITIES | $23.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $841M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$248M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $26.1B |
| Total Debt | $1.2B |
| Net Debt | $792M |
