| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46M | $47M | $48M | -1.7% | -4.9% |
| Op. Income | $22M | $19M | $19M | 15.0% | 18.3% |
| Gross Margin | 102.2% | 95.9% | 85.9% | 6.4pp | 16.3pp |
| Net Margin | 36.5% | 30.9% | 29.1% | 5.6pp | 7.4pp |
| EPS (Diluted) | $0.87 | $0.75 | $0.73 | 16.0% | 19.2% |
| Free Cash Flow | $16M | $18M | $18M | -13.4% | -13.1% |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | -$1M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $310.0K |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $12M |
| Operating Expenses | $25M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $22M |
| Interest Income | $42M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $3M |
| EBIT | $22M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | -$1M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $310.0K |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $12M |
| Operating Expenses | $25M |
| Cost & Expenses | $24M |
| OPERATING INCOME | $22M |
| Interest Income | $42M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $3M |
| EBIT | $22M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $15.0K |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$594.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $52M |
| Other Investing Activities | -$48M |
| NET CASH FROM INVESTING | -$771.0K |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $435M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $480M |
| PP&E (Net) | $79M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $0 |
| Short-Term Debt | $231M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.2B |
| TOTAL CURRENT LIABILITIES | $5.5B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $51M |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $20M |
| Additional Paid-In Capital | $257M |
| Retained Earnings | $340M |
| Treasury Stock | -$37M |
| Accum. Other Comp. Income | $7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $587M |
| Minority Interest | $0 |
| TOTAL EQUITY | $587M |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $281M |
| Net Debt | $236M |
