| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48M | $59M | $78M | -18.9% | -38.7% |
| Op. Income | $37M | $49M | $70M | -24.0% | -47.3% |
| Gross Margin | 81.2% | 85.1% | 92.2% | -3.9pp | -11.0pp |
| Net Margin | 76.1% | 79.4% | 90.2% | -3.3pp | -14.1pp |
| EPS (Diluted) | $0.61 | $0.78 | $1.50 | -21.8% | -59.3% |
| Free Cash Flow | -$195M | $77M | $55M | -352.1% | -454.9% |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $39M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$750.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $37M |
| Interest Income | $60M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $559.0K |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $0 |
| EBIT | $37M |
| EBITDA | $37M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $39M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$750.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $37M |
| Interest Income | $60M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $559.0K |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $0 |
| EBIT | $37M |
| EBITDA | $37M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$217M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | -$195M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $792M |
| Other Investing Activities | $328M |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $166M |
| Common Stock Repurchased | -$611.0K |
| Common Dividends Paid | -$26M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $139M |
| FREE CASH FLOW | -$195M |
| Net Change in Cash | -$56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $0 |
| Net Receivables | $34M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $63M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $714.0K |
| Other Non-Current Assets | $2.6B |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $50M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$493M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $1.3B |
| Net Debt | $1.2B |
