| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $296M | $272M | $129M | 8.7% | 130.1% |
| Op. Income | $46M | $29M | -$50M | 58.7% | 191.8% |
| Gross Margin | 78.2% | 78.1% | 63.0% | 0.1pp | 15.2pp |
| Net Margin | 13.8% | 10.7% | -36.6% | 3.1pp | 50.4pp |
| EPS (Diluted) | $0.39 | $0.27 | $-0.51 | 44.4% | 176.5% |
| Free Cash Flow | $19M | $112M | -$58M | -82.9% | 133.1% |
| Item | Amount |
|---|---|
| REVENUE | $296M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $232M |
| R&D Expenses | $0 |
| Selling & Marketing | $55M |
| General & Administrative | $82M |
| SG&A Expenses | $137M |
| Other Expenses | $49M |
| Operating Expenses | $186M |
| Cost & Expenses | $250M |
| OPERATING INCOME | $46M |
| Interest Income | $112M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $11M |
| EBIT | $46M |
| EBITDA | $57M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $296M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $232M |
| R&D Expenses | $0 |
| Selling & Marketing | $55M |
| General & Administrative | $82M |
| SG&A Expenses | $137M |
| Other Expenses | $49M |
| Operating Expenses | $186M |
| Cost & Expenses | $250M |
| OPERATING INCOME | $46M |
| Interest Income | $112M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $11M |
| EBIT | $46M |
| EBITDA | $57M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$17M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$166M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | -$198M |
| NET CASH FROM INVESTING | -$360M |
| Net Debt Issuance | $675M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $670M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $350M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $390M |
| Net Receivables | $144M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $186M |
| Goodwill | $76M |
| Intangible Assets | $20M |
| Long-Term Investments | $3.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $239M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $93M |
| Short-Term Debt | $13M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.0B |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $205M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $311M |
| TOTAL NON-CURRENT LIABILITIES | $604M |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$677M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $887M |
| Minority Interest | $0 |
| TOTAL EQUITY | $887M |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $306M |
| Net Debt | -$747M |
