| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $109M | $121M | $121M | -9.9% | -9.6% |
| Op. Income | $67M | $73M | $84M | -8.2% | -20.6% |
| Gross Margin | 88.4% | 89.8% | 92.4% | -1.4pp | -4.0pp |
| Net Margin | 45.8% | 45.5% | 51.2% | 0.4pp | -5.4pp |
| EPS (Diluted) | $1.02 | $1.14 | $1.35 | -10.5% | -24.4% |
| Free Cash Flow | $1.3B | $338M | $294M | 281.3% | 339.0% |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $97M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $8M |
| Operating Expenses | $30M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $67M |
| Interest Income | $76M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $591.0K |
| EBIT | $67M |
| EBITDA | $67M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $97M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $8M |
| Operating Expenses | $30M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $67M |
| Interest Income | $76M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $591.0K |
| EBIT | $67M |
| EBITDA | $67M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $591.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.0B |
| Change in Working Capital | $238M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$226M |
| NET CASH FROM INVESTING | -$247M |
| Net Debt Issuance | -$154M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$1.5B |
| NET CASH FROM FINANCING | -$1.7B |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | -$621M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $412M |
| Short-Term Investments | $314M |
| Net Receivables | $23M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $749M |
| PP&E (Net) | $35M |
| Goodwill | $16M |
| Intangible Assets | $123M |
| Long-Term Investments | $8.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $138M |
| TOTAL NON-CURRENT ASSETS | $8.9B |
| TOTAL ASSETS | $9.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.5B |
| TOTAL CURRENT LIABILITIES | $7.5B |
| Long-Term Debt | $880M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $76M |
| TOTAL NON-CURRENT LIABILITIES | $986M |
| TOTAL LIABILITIES | $8.5B |
| Common Stock | $138M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $695M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $9.7B |
| Total Debt | $880M |
| Net Debt | $468M |
