| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $112M | $242M | $216M | -53.5% | -47.8% |
| Op. Income | $45M | $175M | $162M | -74.4% | -72.3% |
| Gross Margin | 53.2% | 78.0% | 80.0% | -24.8pp | -26.8pp |
| Net Margin | 39.1% | 72.0% | 73.2% | -32.8pp | -34.1pp |
| EPS (Diluted) | $0.11 | $0.10 | $0.40 | 10.0% | -72.5% |
| Free Cash Flow | $46M | -$372M | $90M | 112.3% | -48.8% |
| Item | Amount |
|---|---|
| REVENUE | $112M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $9M |
| Operating Expenses | $15M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $45M |
| Interest Income | $233M |
| Interest Expense | $53M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $808.0K |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $0 |
| EBIT | $45M |
| EBITDA | $45M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $112M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $9M |
| Operating Expenses | $15M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $45M |
| Interest Income | $233M |
| Interest Expense | $53M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $808.0K |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $0 |
| EBIT | $45M |
| EBITDA | $45M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $42M |
| Change in Working Capital | -$40M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$675M |
| Sales/Maturities of Investments | $616M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$60M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$110M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$101M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | -$114M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $275M |
| Short-Term Investments | $0 |
| Net Receivables | $106M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $390M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12.8B |
| TOTAL NON-CURRENT ASSETS | $12.8B |
| TOTAL ASSETS | $13.2B |
| Account Payables | $123M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $123M |
| Long-Term Debt | $7.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $175M |
| TOTAL NON-CURRENT LIABILITIES | $7.2B |
| TOTAL LIABILITIES | $7.3B |
| Common Stock | $4M |
| Additional Paid-In Capital | $6.0B |
| Retained Earnings | -$135M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.9B |
| TOTAL LIABILITIES & EQUITY | $13.2B |
| Total Debt | $7.0B |
| Net Debt | $6.8B |
