| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $13M | $22M | 59.3% | -6.4% |
| Op. Income | $19M | $10M | $21M | 88.7% | -7.0% |
| Gross Margin | 98.8% | 93.8% | 97.9% | 5.0pp | 0.9pp |
| Net Margin | 92.4% | 78.0% | 93.0% | 14.4pp | -0.6pp |
| EPS (Diluted) | $0.42 | $0.31 | $0.50 | 35.5% | -16.0% |
| Free Cash Flow | -$66M | $10M | $8M | -794.8% | -943.6% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $251.3K |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $146.6K |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $19M |
| Interest Income | $17M |
| Interest Expense | $251.3K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $0 |
| EBIT | $19M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $251.3K |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $146.6K |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $19M |
| Interest Income | $17M |
| Interest Expense | $251.3K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $0 |
| EBIT | $19M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$86M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$66M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$424M |
| Sales/Maturities of Investments | $539M |
| Other Investing Activities | -$235M |
| NET CASH FROM INVESTING | -$121M |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $70M |
| FREE CASH FLOW | -$66M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $20M |
| Tax Assets | $0 |
| Other Non-Current Assets | $710M |
| TOTAL NON-CURRENT ASSETS | $730M |
| TOTAL ASSETS | $738M |
| Account Payables | $45M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $45M |
| Long-Term Debt | $79M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $87M |
| TOTAL LIABILITIES | $132M |
| Common Stock | $414.0K |
| Additional Paid-In Capital | $606M |
| Retained Earnings | -$267.0K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $606M |
| Minority Interest | $0 |
| TOTAL EQUITY | $606M |
| TOTAL LIABILITIES & EQUITY | $738M |
| Total Debt | $79M |
| Net Debt | $75M |
