| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $173M | $180M | $205M | -4.2% | -15.9% |
| Op. Income | $85M | $94M | $120M | -9.6% | -29.5% |
| Gross Margin | 92.0% | 93.4% | 92.9% | -1.3pp | -0.9pp |
| Net Margin | 37.6% | 40.7% | 44.6% | -3.1pp | -7.0pp |
| EPS (Diluted) | $0.40 | $0.45 | $0.55 | -11.1% | -27.3% |
| Free Cash Flow | $87M | $86M | $118M | 2.0% | -25.9% |
| Item | Amount |
|---|---|
| REVENUE | $173M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $159M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $46M |
| SG&A Expenses | $48M |
| Other Expenses | $26M |
| Operating Expenses | $74M |
| Cost & Expenses | $88M |
| OPERATING INCOME | $85M |
| Interest Income | $145M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $5M |
| EBIT | $85M |
| EBITDA | $90M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $173M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $159M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $46M |
| SG&A Expenses | $48M |
| Other Expenses | $26M |
| Operating Expenses | $74M |
| Cost & Expenses | $88M |
| OPERATING INCOME | $85M |
| Interest Income | $145M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $5M |
| EBIT | $85M |
| EBITDA | $90M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $65M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $89M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$652M |
| Sales/Maturities of Investments | $151M |
| Other Investing Activities | -$213M |
| NET CASH FROM INVESTING | -$716M |
| Net Debt Issuance | $296M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $331M |
| NET CASH FROM FINANCING | $596M |
| FREE CASH FLOW | $87M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.6B |
| Short-Term Investments | $3.0B |
| Net Receivables | $47M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.6B |
| PP&E (Net) | $275M |
| Goodwill | $973M |
| Intangible Assets | $24M |
| Long-Term Investments | $10.3B |
| Tax Assets | $117M |
| Other Non-Current Assets | $289M |
| TOTAL NON-CURRENT ASSETS | $12.0B |
| TOTAL ASSETS | $18.6B |
| Account Payables | $131M |
| Short-Term Debt | $151M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.6B |
| TOTAL CURRENT LIABILITIES | $14.9B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $15.9B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$105M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $18.6B |
| Total Debt | $1.2B |
| Net Debt | -$2.4B |
