| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $134M | $159M | $164M | -15.9% | -18.7% |
| Op. Income | $26M | $57M | $64M | -53.4% | -58.9% |
| Gross Margin | 98.6% | 95.6% | 95.8% | 3.0pp | 2.8pp |
| Net Margin | 15.9% | 30.2% | 33.1% | -14.3pp | -17.3pp |
| EPS (Diluted) | $0.34 | $0.76 | $0.86 | -55.3% | -60.5% |
| Free Cash Flow | $53M | $97M | -$54M | -45.7% | 197.2% |
| Item | Amount |
|---|---|
| REVENUE | $134M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $132M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $76M |
| SG&A Expenses | $76M |
| Other Expenses | $29M |
| Operating Expenses | $105M |
| Cost & Expenses | $107M |
| OPERATING INCOME | $26M |
| Interest Income | $104M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $12M |
| EBIT | $26M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $134M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $132M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $76M |
| SG&A Expenses | $76M |
| Other Expenses | $29M |
| Operating Expenses | $105M |
| Cost & Expenses | $107M |
| OPERATING INCOME | $26M |
| Interest Income | $104M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $12M |
| EBIT | $26M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$18M |
| Change in Working Capital | $37M |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$720M |
| Sales/Maturities of Investments | $231M |
| Other Investing Activities | $101M |
| NET CASH FROM INVESTING | -$392M |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $291M |
| NET CASH FROM FINANCING | $241M |
| FREE CASH FLOW | $53M |
| Net Change in Cash | -$92M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $3.1B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $237M |
| Goodwill | $384M |
| Intangible Assets | $90M |
| Long-Term Investments | $10.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $574M |
| TOTAL NON-CURRENT ASSETS | $12.1B |
| TOTAL ASSETS | $17.4B |
| Account Payables | $0 |
| Short-Term Debt | $146M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.9B |
| TOTAL CURRENT LIABILITIES | $15.1B |
| Long-Term Debt | $280M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $210M |
| TOTAL NON-CURRENT LIABILITIES | $526M |
| TOTAL LIABILITIES | $15.6B |
| Common Stock | $13M |
| Additional Paid-In Capital | $202M |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $17.4B |
| Total Debt | $463M |
| Net Debt | -$1.7B |
