| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $61M | $57M | $49M | 5.9% | 24.1% |
| Op. Income | $38M | $36M | $18M | 4.1% | 113.3% |
| Gross Margin | 75.0% | 75.2% | 73.4% | -0.2pp | 1.6pp |
| Net Margin | 53.2% | 37.3% | 27.6% | 15.9pp | 25.5pp |
| EPS (Diluted) | $0.38 | $0.30 | $0.14 | 26.7% | 171.4% |
| Free Cash Flow | $21M | $21M | $15M | -2.1% | 34.9% |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $45M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $38M |
| Interest Income | $137.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $11M |
| EBIT | $24M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $61M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $45M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $38M |
| Interest Income | $137.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $11M |
| EBIT | $24M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$320M |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$306M |
| Net Debt Issuance | $125M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$24M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $404M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $131M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $204M |
| Short-Term Investments | $0 |
| Net Receivables | $39M |
| Inventory | $0 |
| Other Current Assets | $397.0K |
| TOTAL CURRENT ASSETS | $244M |
| PP&E (Net) | $2.6B |
| Goodwill | $0 |
| Intangible Assets | $38M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $45M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $71M |
| Long-Term Debt | $721M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $75M |
| TOTAL NON-CURRENT LIABILITIES | $796M |
| TOTAL LIABILITIES | $866M |
| Common Stock | $752.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $721M |
| Net Debt | $516M |
