| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $123M | $122M | $114M | 1.0% | 7.8% |
| Op. Income | $50M | $60M | $36M | -16.5% | 37.8% |
| Gross Margin | 91.6% | 99.2% | 84.8% | -7.6pp | 6.8pp |
| Net Margin | 30.3% | 36.8% | 23.8% | -6.5pp | 6.5pp |
| EPS (Diluted) | $0.49 | $0.58 | $0.37 | -15.5% | 32.4% |
| Free Cash Flow | $31M | $48M | -$22M | -34.8% | 239.8% |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $113M |
| R&D Expenses | $0 |
| Selling & Marketing | $783.0K |
| General & Administrative | $39M |
| SG&A Expenses | $40M |
| Other Expenses | $23M |
| Operating Expenses | $62M |
| Cost & Expenses | $73M |
| OPERATING INCOME | $50M |
| Interest Income | $100M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $13M |
| 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 | $6M |
| EBIT | $50M |
| EBITDA | $56M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $113M |
| R&D Expenses | $0 |
| Selling & Marketing | $783.0K |
| General & Administrative | $39M |
| SG&A Expenses | $40M |
| Other Expenses | $23M |
| Operating Expenses | $62M |
| Cost & Expenses | $73M |
| OPERATING INCOME | $50M |
| Interest Income | $100M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $13M |
| 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 | $6M |
| EBIT | $50M |
| EBITDA | $56M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$888.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$489M |
| Sales/Maturities of Investments | $122M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$376M |
| Net Debt Issuance | -$76M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $244M |
| NET CASH FROM FINANCING | $137M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | -$205M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $505M |
| Short-Term Investments | $1.9B |
| Net Receivables | $41M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $78M |
| Goodwill | $0 |
| Intangible Assets | $465M |
| Long-Term Investments | $9.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $481M |
| TOTAL NON-CURRENT ASSETS | $10.9B |
| TOTAL ASSETS | $13.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.9B |
| TOTAL CURRENT LIABILITIES | $10.9B |
| Long-Term Debt | $643M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $196M |
| TOTAL NON-CURRENT LIABILITIES | $838M |
| TOTAL LIABILITIES | $11.7B |
| Common Stock | $832.0K |
| Additional Paid-In Capital | $967M |
| Retained Earnings | $795M |
| Treasury Stock | -$73M |
| Accum. Other Comp. Income | $8M |
| Other Equity | -$18M |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $13.4B |
| Total Debt | $643M |
| Net Debt | $137M |
