| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $251M | $278M | $350M | -10.0% | -28.5% |
| Op. Income | $91M | $78M | -$16M | 16.8% | 657.1% |
| Gross Margin | 38.3% | 40.2% | 46.0% | -1.9pp | -7.7pp |
| Net Margin | 41.1% | 25.9% | -11.1% | 15.2pp | 52.3pp |
| EPS (Diluted) | $0.08 | $0.05 | $-0.02 | 44.4% | 405.9% |
| Free Cash Flow | $45M | $49M | $121M | -8.0% | -62.8% |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $155M |
| GROSS PROFIT | $96M |
| R&D Expenses | $4M |
| Selling & Marketing | $11M |
| General & Administrative | -$10M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $159M |
| OPERATING INCOME | $91M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $26M |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $100M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $103M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $103M |
| D&A | $2M |
| EBIT | $91M |
| EBITDA | $93M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $155M |
| GROSS PROFIT | $96M |
| R&D Expenses | $4M |
| Selling & Marketing | $11M |
| General & Administrative | -$10M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $159M |
| OPERATING INCOME | $91M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $26M |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $100M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $103M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $103M |
| D&A | $2M |
| EBIT | $91M |
| EBITDA | $93M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $103M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | -$48M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$139M |
| NET CASH FROM INVESTING | -$139M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$24M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | -$121M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $101M |
| Short-Term Investments | $153M |
| Net Receivables | $2M |
| Inventory | $6M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $268M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $239.8K |
| Long-Term Investments | $91M |
| Tax Assets | $480.4K |
| Other Non-Current Assets | $958.3K |
| TOTAL NON-CURRENT ASSETS | $100M |
| TOTAL ASSETS | $368M |
| Account Payables | $23M |
| Short-Term Debt | $4M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $54M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $104.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $56M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $312M |
| TOTAL STOCKHOLDERS' EQUITY | $312M |
| Minority Interest | -$332.3K |
| TOTAL EQUITY | $312M |
| TOTAL LIABILITIES & EQUITY | $368M |
| Total Debt | $6M |
| Net Debt | -$95M |
