| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $44M | $42M | $48M | 5.5% | -8.2% |
| Op. Income | $22M | $19M | $27M | 12.9% | -19.8% |
| Gross Margin | 91.3% | 90.4% | 98.2% | 0.8pp | -7.0pp |
| Net Margin | 35.9% | 33.7% | 41.1% | 2.2pp | -5.2pp |
| EPS (Diluted) | $0.34 | $0.30 | $0.40 | 13.3% | -15.0% |
| Free Cash Flow | $19M | $19M | $4M | 1.2% | 379.7% |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $404.0K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $8M |
| Operating Expenses | $18M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $22M |
| Interest Income | $43M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $2M |
| EBIT | $22M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $44M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $404.0K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $8M |
| Operating Expenses | $18M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $22M |
| Interest Income | $43M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $2M |
| EBIT | $22M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $850.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $80M |
| Other Investing Activities | -$215M |
| NET CASH FROM INVESTING | -$162M |
| Net Debt Issuance | $60M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $65M |
| NET CASH FROM FINANCING | $116M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $1.1B |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $62M |
| Goodwill | $41M |
| Intangible Assets | $0 |
| Long-Term Investments | $4.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $244M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $0 |
| Short-Term Debt | $25M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.4B |
| TOTAL CURRENT LIABILITIES | $4.5B |
| Long-Term Debt | $383M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $455M |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $648.0K |
| Additional Paid-In Capital | $589M |
| Retained Earnings | $399M |
| Treasury Stock | -$226M |
| Accum. Other Comp. Income | -$31M |
| Other Equity | -$17M |
| TOTAL STOCKHOLDERS' EQUITY | $715M |
| Minority Interest | $0 |
| TOTAL EQUITY | $715M |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $450M |
| Net Debt | $340M |
