| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $35M | $31M | 12.8% | 28.4% |
| Op. Income | $26M | $24M | $17M | 8.2% | 49.5% |
| Gross Margin | 96.5% | 94.9% | 91.1% | 1.5pp | 5.3pp |
| Net Margin | 49.1% | 49.7% | 42.1% | -0.6pp | 7.0pp |
| EPS (Diluted) | $0.76 | $0.68 | $0.50 | 11.8% | 52.0% |
| Free Cash Flow | $94M | $10M | $25M | 799.9% | 275.1% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $150.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $5M |
| Operating Expenses | $12M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $26M |
| Interest Income | $32M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $711.0K |
| EBIT | $26M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $150.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $5M |
| Operating Expenses | $12M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $26M |
| Interest Income | $32M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $711.0K |
| EBIT | $26M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $711.0K |
| Stock-Based Compensation | $194.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $57M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $94M |
| Capital Expenditure | -$26.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $345.0K |
| Other Investing Activities | -$107M |
| NET CASH FROM INVESTING | -$106M |
| Net Debt Issuance | -$120M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $119M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $94M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $419M |
| Short-Term Investments | $24M |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $454M |
| PP&E (Net) | $22M |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $2.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $116M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $207.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $380M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $450M |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $255.0K |
| Additional Paid-In Capital | $52M |
| Retained Earnings | $254M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $310M |
| Minority Interest | $0 |
| TOTAL EQUITY | $310M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $390M |
| Net Debt | -$29M |
