| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $229M | $251M | $255M | -9.0% | -10.1% |
| Op. Income | $53M | $89M | $95M | -40.6% | -44.4% |
| Gross Margin | 90.0% | 93.7% | 91.2% | -3.7pp | -1.3pp |
| Net Margin | 17.3% | 25.9% | 28.3% | -8.6pp | -10.9pp |
| EPS (Diluted) | $0.69 | $1.19 | $1.35 | -42.0% | -48.9% |
| Free Cash Flow | $70M | $109M | $198M | -35.9% | -64.5% |
| Item | Amount |
|---|---|
| REVENUE | $229M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $206M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $104M |
| SG&A Expenses | $109M |
| Other Expenses | $44M |
| Operating Expenses | $153M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $53M |
| Interest Income | $209M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $11M |
| EBIT | $53M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $229M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $206M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $104M |
| SG&A Expenses | $109M |
| Other Expenses | $44M |
| Operating Expenses | $153M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $53M |
| Interest Income | $209M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $11M |
| EBIT | $53M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $40M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $73M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$376M |
| Sales/Maturities of Investments | $115M |
| Other Investing Activities | $1.1B |
| NET CASH FROM INVESTING | $866M |
| Net Debt Issuance | -$776M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2.7B |
| NET CASH FROM FINANCING | -$3.5B |
| FREE CASH FLOW | $70M |
| Net Change in Cash | -$2.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.4B |
| Short-Term Investments | $2.6B |
| Net Receivables | $556M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.5B |
| PP&E (Net) | $24M |
| Goodwill | $17M |
| Intangible Assets | $0 |
| Long-Term Investments | $22.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $22.6B |
| TOTAL ASSETS | $31.1B |
| Account Payables | $9M |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25.4B |
| TOTAL CURRENT LIABILITIES | $26.8B |
| Long-Term Debt | $929M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $252M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $28.0B |
| Common Stock | $507.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $2.0B |
| Treasury Stock | -$8.0K |
| Accum. Other Comp. Income | -$205M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $31.1B |
| Total Debt | $2.4B |
| Net Debt | -$3.0B |
