| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $127M | $109M | $103M | 16.3% | 23.1% |
| Op. Income | $72M | $67M | $69M | 7.8% | 3.8% |
| Gross Margin | 81.6% | 88.4% | 92.5% | -6.8pp | -11.0pp |
| Net Margin | 42.4% | 45.8% | 49.7% | -3.5pp | -7.4pp |
| EPS (Diluted) | $1.11 | $1.02 | $1.06 | 8.8% | 4.7% |
| Free Cash Flow | -$422M | $1.3B | -$26M | -132.7% | -1532.0% |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $9M |
| Operating Expenses | $32M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $72M |
| Interest Income | $89M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $613.0K |
| EBIT | $72M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $9M |
| Operating Expenses | $32M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $72M |
| Interest Income | $89M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $613.0K |
| EBIT | $72M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $613.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$485M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | -$421M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$1.1B |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $561M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $824M |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | -$422M |
| Net Change in Cash | -$153M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $258M |
| Short-Term Investments | $337M |
| Net Receivables | $26M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $621M |
| PP&E (Net) | $35M |
| Goodwill | $16M |
| Intangible Assets | $132M |
| Long-Term Investments | $10.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $166M |
| TOTAL NON-CURRENT ASSETS | $10.5B |
| TOTAL ASSETS | $11.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.3B |
| TOTAL CURRENT LIABILITIES | $8.3B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $97M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $9.9B |
| Common Stock | $137M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $738M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $11.1B |
| Total Debt | $1.4B |
| Net Debt | $1.2B |
