| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $212M | $216M | $307M | -1.5% | -30.9% |
| Op. Income | $152M | $162M | $303M | -6.0% | -49.8% |
| Gross Margin | 78.2% | 80.0% | 89.4% | -1.8pp | -11.2pp |
| Net Margin | 70.7% | 73.2% | 98.7% | -2.5pp | -28.0pp |
| EPS (Diluted) | $0.38 | $0.40 | $0.79 | -5.0% | -51.9% |
| Free Cash Flow | $256M | $90M | $260M | 185.4% | -1.6% |
| Item | Amount |
|---|---|
| REVENUE | $212M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $166M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $8M |
| Operating Expenses | $14M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $152M |
| Interest Income | $235M |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $152M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $0 |
| EBIT | $152M |
| EBITDA | $152M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $212M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $166M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $8M |
| Operating Expenses | $14M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $152M |
| Interest Income | $235M |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $152M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $150M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $0 |
| EBIT | $152M |
| EBITDA | $152M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $150M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$52M |
| Change in Working Capital | $158M |
| OPERATING CASH FLOW | $256M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $972M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$606M |
| Net Debt Issuance | $831M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$110M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $721M |
| FREE CASH FLOW | $256M |
| Net Change in Cash | $372M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $613M |
| Short-Term Investments | $0 |
| Net Receivables | $73M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $714M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11.9B |
| TOTAL NON-CURRENT ASSETS | $11.9B |
| TOTAL ASSETS | $12.6B |
| Account Payables | $262M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $262M |
| Long-Term Debt | $6.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $148M |
| TOTAL NON-CURRENT LIABILITIES | $6.5B |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $4M |
| Additional Paid-In Capital | $6.0B |
| Retained Earnings | -$133M |
| 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 | $12.6B |
| Total Debt | $6.4B |
| Net Debt | $5.8B |
