| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $289M | $237M | $302M | 22.1% | -4.5% |
| Op. Income | $63M | $32M | $77M | 99.4% | -18.0% |
| Gross Margin | 98.9% | 98.8% | 99.2% | 0.2pp | -0.3pp |
| Net Margin | 14.6% | 13.6% | 26.3% | 1.1pp | -11.7pp |
| EPS (Diluted) | $0.43 | $0.33 | $0.81 | 30.3% | -46.9% |
| Free Cash Flow | $99M | $83M | $114M | 19.4% | -13.4% |
| Item | Amount |
|---|---|
| REVENUE | $289M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $286M |
| R&D Expenses | $75M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $143M |
| Other Expenses | $5M |
| Operating Expenses | $223M |
| Cost & Expenses | $226M |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $3M |
| EBIT | $64M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $289M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $286M |
| R&D Expenses | $75M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $143M |
| Other Expenses | $5M |
| Operating Expenses | $223M |
| Cost & Expenses | $226M |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $3M |
| EBIT | $64M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $103M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$289M |
| Sales/Maturities of Investments | $203M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$91M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $99M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $368M |
| Short-Term Investments | $517M |
| Net Receivables | $159M |
| Inventory | $28M |
| Other Current Assets | $38M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $150M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $377M |
| Tax Assets | $316M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $846M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $213M |
| TOTAL CURRENT LIABILITIES | $213M |
| Long-Term Debt | $326M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $464M |
| TOTAL LIABILITIES | $677M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$651M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $700.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $435M |
| Net Debt | $67M |
