| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $121M | $118M | $79M | 2.8% | 52.8% |
| Op. Income | $84M | $80M | $33M | 4.7% | 155.3% |
| Gross Margin | 92.4% | 89.1% | 68.3% | 3.2pp | 24.0pp |
| Net Margin | 51.2% | 50.8% | 31.1% | 0.4pp | 20.2pp |
| EPS (Diluted) | $1.35 | $1.30 | $0.49 | 3.8% | 175.5% |
| Free Cash Flow | $294M | $331M | -$872M | -11.3% | 133.7% |
| Item | Amount |
|---|---|
| REVENUE | $121M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $112M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $6M |
| Operating Expenses | $28M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $84M |
| Interest Income | $80M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $504.0K |
| EBIT | $84M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $121M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $112M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $6M |
| Operating Expenses | $28M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $84M |
| Interest Income | $80M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $504.0K |
| EBIT | $84M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $504.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $307M |
| Change in Working Capital | -$74M |
| OPERATING CASH FLOW | $296M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | -$217M |
| NET CASH FROM INVESTING | -$195M |
| Net Debt Issuance | -$803M |
| Common Stock Repurchased | -$145M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $653M |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $294M |
| Net Change in Cash | $90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $269M |
| Short-Term Investments | $242M |
| Net Receivables | $22M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $533M |
| PP&E (Net) | $31M |
| Goodwill | $16M |
| Intangible Assets | $98M |
| Long-Term Investments | $8.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $135M |
| TOTAL NON-CURRENT ASSETS | $9.2B |
| TOTAL ASSETS | $9.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.1B |
| TOTAL CURRENT LIABILITIES | $8.1B |
| Long-Term Debt | $545M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $42M |
| Other Non-Current Liabilities | $44M |
| TOTAL NON-CURRENT LIABILITIES | $631M |
| TOTAL LIABILITIES | $8.7B |
| Common Stock | $136M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $517M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $249.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $9.7B |
| Total Debt | $545M |
| Net Debt | $276M |
