| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $216M | $228M | -$313M | -5.5% | 168.7% |
| Op. Income | $162M | $186M | -$311M | -13.2% | 152.0% |
| Gross Margin | 80.0% | 83.7% | 110.7% | -3.7pp | -30.7pp |
| Net Margin | 73.2% | 79.2% | 99.7% | -6.0pp | -26.5pp |
| EPS (Diluted) | $0.40 | $0.47 | $-0.79 | -14.9% | 150.6% |
| Free Cash Flow | $90M | $124M | -$373M | -27.7% | 124.1% |
| Item | Amount |
|---|---|
| REVENUE | $216M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $172M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $5M |
| Operating Expenses | $11M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $162M |
| Interest Income | $212M |
| Interest Expense | $43M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $162M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $158M |
| D&A | $0 |
| EBIT | $162M |
| EBITDA | $162M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $216M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $172M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $5M |
| Operating Expenses | $11M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $162M |
| Interest Income | $212M |
| Interest Expense | $43M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $162M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $158M |
| D&A | $0 |
| EBIT | $162M |
| EBITDA | $162M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $158M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$80M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $90M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$953M |
| Sales/Maturities of Investments | $638M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$315M |
| Net Debt Issuance | $255M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$133M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $122M |
| FREE CASH FLOW | $90M |
| Net Change in Cash | -$103M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $248M |
| Short-Term Investments | $0 |
| Net Receivables | $63M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $340M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11.2B |
| TOTAL NON-CURRENT ASSETS | $11.2B |
| TOTAL ASSETS | $11.6B |
| Account Payables | $121M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $121M |
| Long-Term Debt | $5.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $119M |
| TOTAL NON-CURRENT LIABILITIES | $5.7B |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $4M |
| Additional Paid-In Capital | $6.0B |
| Retained Earnings | -$162M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.8B |
| TOTAL LIABILITIES & EQUITY | $11.6B |
| Total Debt | $5.5B |
| Net Debt | $5.3B |
