| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $57M | $53M | $47M | 7.5% | 21.5% |
| Op. Income | $36M | $33M | $30M | 9.4% | 21.8% |
| Gross Margin | 75.2% | 75.1% | 74.1% | 0.1pp | 1.1pp |
| Net Margin | 37.3% | 32.6% | 48.2% | 4.7pp | -10.9pp |
| EPS (Diluted) | $0.30 | $0.25 | $0.33 | 20.0% | -9.1% |
| Free Cash Flow | $21M | $21M | $24M | 3.3% | -9.9% |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $36M |
| Interest Income | $228.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $0 |
| 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 | $23M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $57M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $36M |
| Interest Income | $228.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $0 |
| 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 | $23M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$165M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$177M |
| Net Debt Issuance | $150M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $168M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $92M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $101M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.3B |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $40M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $65M |
| Long-Term Debt | $597M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $656M |
| TOTAL LIABILITIES | $721M |
| Common Stock | $712.0K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$15M |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $597M |
| Net Debt | $528M |
