| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $116M | $157M | $121M | -26.3% | -4.1% |
| Op. Income | $43M | $76M | $45M | -43.2% | -4.9% |
| Gross Margin | 83.3% | 84.5% | 71.8% | -1.2pp | 11.4pp |
| Net Margin | 29.2% | 40.5% | 28.0% | -11.2pp | 1.2pp |
| EPS (Diluted) | $0.76 | $1.41 | $0.81 | -46.1% | -6.2% |
| Free Cash Flow | -$16M | -$83M | -$214M | 81.2% | 92.7% |
| Item | Amount |
|---|---|
| REVENUE | $116M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $96M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $36M |
| SG&A Expenses | $38M |
| Other Expenses | $16M |
| Operating Expenses | $53M |
| Cost & Expenses | $73M |
| OPERATING INCOME | $43M |
| Interest Income | $93M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $5M |
| EBIT | $43M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $116M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $96M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $36M |
| SG&A Expenses | $38M |
| Other Expenses | $16M |
| Operating Expenses | $53M |
| Cost & Expenses | $73M |
| OPERATING INCOME | $43M |
| Interest Income | $93M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $5M |
| EBIT | $43M |
| EBITDA | $49M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$78M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$348.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$120M |
| Sales/Maturities of Investments | $53M |
| Other Investing Activities | $133M |
| NET CASH FROM INVESTING | $66M |
| Net Debt Issuance | -$437M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $296M |
| NET CASH FROM FINANCING | -$142M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | -$92M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $342M |
| Short-Term Investments | $861M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $244M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $6.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $288M |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $8.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.8B |
| TOTAL CURRENT LIABILITIES | $6.8B |
| Long-Term Debt | $571M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $56M |
| TOTAL NON-CURRENT LIABILITIES | $631M |
| TOTAL LIABILITIES | $7.4B |
| Common Stock | $309M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $372M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $689M |
| Minority Interest | $0 |
| TOTAL EQUITY | $689M |
| TOTAL LIABILITIES & EQUITY | $8.1B |
| Total Debt | $575M |
| Net Debt | $233M |
