| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $81M | $83M | $81M | -2.4% | -0.0% |
| Op. Income | $38M | $36M | $35M | 7.2% | 8.5% |
| Gross Margin | 94.4% | 95.0% | 95.1% | -0.5pp | -0.6pp |
| Net Margin | 35.8% | 32.5% | 32.1% | 3.2pp | 3.7pp |
| EPS (Diluted) | $0.50 | $0.46 | $0.44 | 8.7% | 13.6% |
| Free Cash Flow | $17M | $12M | $19M | 42.5% | -10.5% |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $11M |
| Operating Expenses | $38M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $38M |
| Interest Income | $56M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $894.0K |
| EBIT | $38M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $11M |
| Operating Expenses | $38M |
| Cost & Expenses | $43M |
| OPERATING INCOME | $38M |
| Interest Income | $56M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $894.0K |
| EBIT | $38M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $894.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | -$206M |
| NET CASH FROM INVESTING | -$182M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $251M |
| NET CASH FROM FINANCING | $236M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $674M |
| Short-Term Investments | $907M |
| Net Receivables | $556M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $16M |
| Goodwill | $263.0K |
| Intangible Assets | $2M |
| Long-Term Investments | $4.8B |
| Tax Assets | $19M |
| Other Non-Current Assets | $120M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $0 |
| Short-Term Debt | $42.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.2B |
| TOTAL CURRENT LIABILITIES | $6.2B |
| Long-Term Debt | $151M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $202M |
| TOTAL LIABILITIES | $6.4B |
| Common Stock | $57M |
| Additional Paid-In Capital | $337M |
| Retained Earnings | $268M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $652M |
| Minority Interest | $0 |
| TOTAL EQUITY | $652M |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $151M |
| Net Debt | -$523M |
