| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $128M | $125M | $115M | 1.9% | 10.9% |
| Op. Income | $87M | $78M | $67M | 11.0% | 28.6% |
| Gross Margin | 100.1% | 99.9% | 95.2% | 0.3pp | 5.0pp |
| Net Margin | 53.1% | 48.3% | 46.0% | 4.7pp | 7.1pp |
| EPS (Diluted) | $0.77 | $0.69 | $0.61 | 11.6% | 26.2% |
| Free Cash Flow | $78M | $41M | $83M | 90.1% | -5.6% |
| Item | Amount |
|---|---|
| REVENUE | $128M |
| Cost of Revenue | -$189.0K |
| GROSS PROFIT | $128M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $41M |
| Operating Expenses | $41M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $87M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $87M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $3M |
| EBIT | $95M |
| EBITDA | $98M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $128M |
| Cost of Revenue | -$189.0K |
| GROSS PROFIT | $128M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $41M |
| Operating Expenses | $41M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $87M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $87M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $3M |
| EBIT | $95M |
| EBITDA | $98M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $19M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$67M |
| Sales/Maturities of Investments | $47M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $320.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $78M |
| Net Change in Cash | $54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $128M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $128M |
| PP&E (Net) | $44M |
| Goodwill | $0 |
| Intangible Assets | $63M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.2B |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $395M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $484M |
| TOTAL NON-CURRENT LIABILITIES | $879M |
| TOTAL LIABILITIES | $889M |
| Common Stock | $863.0K |
| Additional Paid-In Capital | $961M |
| Retained Earnings | $676M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | -$97M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $395M |
| Net Debt | $267M |
