| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $362M | $309M | $270M | 17.1% | 34.0% |
| Op. Income | $139M | $123M | $134M | 13.1% | 3.7% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 38.5% | 15.5% | 30.7% | 23.0pp | 7.8pp |
| EPS (Diluted) | $0.21 | $0.07 | $0.13 | 193.5% | 68.8% |
| Free Cash Flow | $58M | $43M | $788M | 34.1% | -92.6% |
| Item | Amount |
|---|---|
| REVENUE | $362M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $362M |
| R&D Expenses | $175M |
| Selling & Marketing | $0 |
| General & Administrative | $48M |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $222M |
| Cost & Expenses | $222M |
| OPERATING INCOME | $139M |
| Interest Income | $5M |
| Interest Expense | $626.7K |
| Other Income/Expenses | $44M |
| INCOME BEFORE TAX | $183M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $139M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $139M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $139M |
| D&A | $9M |
| EBIT | $184M |
| EBITDA | $193M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $362M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $362M |
| R&D Expenses | $175M |
| Selling & Marketing | $0 |
| General & Administrative | $48M |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $222M |
| Cost & Expenses | $222M |
| OPERATING INCOME | $139M |
| Interest Income | $5M |
| Interest Expense | $626.7K |
| Other Income/Expenses | $44M |
| INCOME BEFORE TAX | $183M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $139M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $139M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $139M |
| D&A | $9M |
| EBIT | $184M |
| EBITDA | $193M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $139M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$102M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$242M |
| NET CASH FROM INVESTING | -$254M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | -$117M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $1.6B |
| Net Receivables | $503M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $150M |
| Goodwill | $0 |
| Intangible Assets | $43M |
| Long-Term Investments | $92M |
| Tax Assets | $0 |
| Other Non-Current Assets | $33M |
| TOTAL NON-CURRENT ASSETS | $318M |
| TOTAL ASSETS | $3.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $277M |
| TOTAL CURRENT LIABILITIES | $287M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $78M |
| TOTAL NON-CURRENT LIABILITIES | $136M |
| TOTAL LIABILITIES | $423M |
| Common Stock | $10M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $68M |
| Net Debt | -$1.3B |
