| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $125M | $124M | $109M | 0.9% | 15.4% |
| Op. Income | $78M | $77M | $62M | 0.9% | 26.9% |
| Gross Margin | 99.9% | 96.8% | 96.3% | 3.1pp | 3.6pp |
| Net Margin | 48.3% | 48.5% | 44.5% | -0.2pp | 3.9pp |
| EPS (Diluted) | $0.69 | $0.69 | $0.56 | 0.0% | 23.2% |
| Free Cash Flow | $41M | $96M | $35M | -57.0% | 19.2% |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $149.0K |
| GROSS PROFIT | $125M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $47M |
| Operating Expenses | $47M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $78M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $3M |
| EBIT | $86M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $149.0K |
| GROSS PROFIT | $125M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $47M |
| Operating Expenses | $47M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $78M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $3M |
| EBIT | $86M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $18M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$45M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | -$123M |
| Sales/Maturities of Investments | $63M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$64M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $73M |
| PP&E (Net) | $35M |
| Goodwill | $3M |
| Intangible Assets | $60M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.3B |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $395M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $488M |
| TOTAL NON-CURRENT LIABILITIES | $882M |
| TOTAL LIABILITIES | $885M |
| Common Stock | $858.0K |
| Additional Paid-In Capital | $955M |
| Retained Earnings | $608M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $395M |
| Net Debt | $321M |
