| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $239M | $242M | $292M | -1.3% | -18.1% |
| Op. Income | $57M | $97M | $72M | -40.9% | -20.6% |
| Gross Margin | 87.0% | 96.5% | 77.3% | -9.5pp | 9.7pp |
| Net Margin | 18.2% | 30.3% | 19.6% | -12.2pp | -1.4pp |
| EPS (Diluted) | $0.76 | $1.31 | $1.08 | -42.0% | -29.6% |
| Free Cash Flow | $107M | $240M | -$83M | -55.5% | 227.9% |
| Item | Amount |
|---|---|
| REVENUE | $239M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $208M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $120M |
| SG&A Expenses | $123M |
| Other Expenses | $28M |
| Operating Expenses | $151M |
| Cost & Expenses | $182M |
| OPERATING INCOME | $57M |
| Interest Income | $217M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $18M |
| EBIT | $57M |
| EBITDA | $76M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $239M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $208M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $120M |
| SG&A Expenses | $123M |
| Other Expenses | $28M |
| Operating Expenses | $151M |
| Cost & Expenses | $182M |
| OPERATING INCOME | $57M |
| Interest Income | $217M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $18M |
| EBIT | $57M |
| EBITDA | $76M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $59M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $108M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $160M |
| Other Investing Activities | $188M |
| NET CASH FROM INVESTING | $298M |
| Net Debt Issuance | $189M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $974M |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | $107M |
| Net Change in Cash | $1.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.5B |
| Short-Term Investments | $0 |
| Net Receivables | $628M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9.2B |
| PP&E (Net) | $21M |
| Goodwill | $17M |
| Intangible Assets | $1M |
| Long-Term Investments | $27.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $27.2B |
| TOTAL ASSETS | $36.4B |
| Account Payables | $9M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29.8B |
| TOTAL CURRENT LIABILITIES | $29.8B |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $302M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $33.3B |
| Common Stock | $506.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $1.9B |
| Treasury Stock | -$8.0K |
| Accum. Other Comp. Income | -$41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $36.4B |
| Total Debt | $3.1B |
| Net Debt | -$5.4B |
