| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | $32M | $31M | -17.4% | -14.2% |
| Op. Income | $17M | $23M | $22M | -26.5% | -24.3% |
| Gross Margin | 88.0% | 90.5% | 90.8% | -2.5pp | -2.8pp |
| Net Margin | 45.1% | 52.4% | 53.3% | -7.3pp | -8.2pp |
| EPS (Diluted) | $5.38 | $7.56 | $7.45 | -28.8% | -27.8% |
| Free Cash Flow | $18M | $16M | $14M | 13.2% | 34.2% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $191.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $353.0K |
| Operating Expenses | $6M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $17M |
| Interest Income | $30M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $130.0K |
| EBIT | $17M |
| EBITDA | $17M |
| EPS | $6 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $191.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $353.0K |
| Operating Expenses | $6M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $17M |
| Interest Income | $30M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $130.0K |
| EBIT | $17M |
| EBITDA | $17M |
| EPS | $6 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $130.0K |
| Stock-Based Compensation | $7.0K |
| Deferred Income Tax | -$923.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$515.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $200.0K |
| Other Investing Activities | -$185M |
| NET CASH FROM INVESTING | -$193M |
| Net Debt Issuance | $200M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $200M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $297M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $303M |
| PP&E (Net) | $16M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.3B |
| Tax Assets | $387.0K |
| Other Non-Current Assets | $55M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $298.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $865M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $886M |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $13M |
| Retained Earnings | $350M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $365M |
| Minority Interest | $0 |
| TOTAL EQUITY | $365M |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $865M |
| Net Debt | $568M |
