| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | $59M | $43M | 9.4% | 50.4% |
| Op. Income | $40M | $38M | $28M | 3.7% | 44.1% |
| Gross Margin | 96.9% | 96.9% | 98.2% | 0.0pp | -1.3pp |
| Net Margin | 54.3% | 48.6% | 60.5% | 5.8pp | -6.1pp |
| EPS (Diluted) | $1.31 | $1.14 | $1.05 | 14.9% | 24.8% |
| Free Cash Flow | $60M | $47M | $43M | 26.8% | 40.5% |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $14M |
| Operating Expenses | $23M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $40M |
| Interest Income | $57.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | -$334.0K |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $14M |
| EBIT | $40M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $14M |
| Operating Expenses | $23M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $40M |
| Interest Income | $57.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | -$334.0K |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $14M |
| EBIT | $40M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $507.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $115M |
| Other Investing Activities | -$196M |
| NET CASH FROM INVESTING | -$81M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$39M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | -$41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $61M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $9M |
| Long-Term Investments | $210M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $53M |
| Short-Term Debt | $0 |
| Deferred Revenue | $57M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $156M |
| Long-Term Debt | $304M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $306M |
| TOTAL LIABILITIES | $461M |
| Common Stock | $26.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$86M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $304M |
| Net Debt | $260M |
