| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $294M | $254M | $353M | 15.8% | -16.8% |
| Op. Income | $254M | $212M | $306M | 19.6% | -17.1% |
| Gross Margin | 91.1% | 90.2% | 91.5% | 0.9pp | -0.3pp |
| Net Margin | 86.3% | 83.6% | 86.6% | 2.7pp | -0.3pp |
| EPS (Diluted) | $0.61 | $0.52 | $0.80 | 17.3% | -23.8% |
| Free Cash Flow | -$291M | -$10M | $88M | -2781.6% | -430.9% |
| Item | Amount |
|---|---|
| REVENUE | $294M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $268M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $7M |
| Operating Expenses | $14M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $254M |
| Interest Income | $142M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $254M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $254M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $254M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $246M |
| D&A | $0 |
| EBIT | $254M |
| EBITDA | $254M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $294M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $268M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $7M |
| Operating Expenses | $14M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $254M |
| Interest Income | $142M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $254M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $254M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $254M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $246M |
| D&A | $0 |
| EBIT | $254M |
| EBITDA | $254M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $254M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$565M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | -$291M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $277M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$67M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $294M |
| FREE CASH FLOW | -$291M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $62M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.0B |
| TOTAL NON-CURRENT ASSETS | $7.0B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $50M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $50M |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $525M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $391.0K |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | $83M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $2.4B |
| Net Debt | $2.3B |
