| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $245M | $263M | $301M | -6.8% | -18.5% |
| Op. Income | $35M | $72M | $23M | -52.0% | 53.0% |
| Gross Margin | 26.2% | 34.9% | 13.7% | -8.7pp | 12.5pp |
| Net Margin | 11.6% | 22.0% | 6.2% | -10.4pp | 5.4pp |
| EPS (Diluted) | $1.12 | $2.28 | $0.74 | -50.9% | 51.4% |
| Free Cash Flow | -$915.0K | $9M | $16M | -110.5% | -105.8% |
| Item | Amount |
|---|---|
| REVENUE | $245M |
| Cost of Revenue | $181M |
| GROSS PROFIT | $64M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $29M |
| Operating Expenses | $29M |
| Cost & Expenses | $210M |
| OPERATING INCOME | $35M |
| Interest Income | $12M |
| Interest Expense | $797.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $2M |
| EBIT | $36M |
| EBITDA | $37M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $245M |
| Cost of Revenue | $181M |
| GROSS PROFIT | $64M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $29M |
| Operating Expenses | $29M |
| Cost & Expenses | $210M |
| OPERATING INCOME | $35M |
| Interest Income | $12M |
| Interest Expense | $797.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $2M |
| EBIT | $36M |
| EBITDA | $37M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $979.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $22M |
| Change in Working Capital | -$50M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$85M |
| Sales/Maturities of Investments | $67M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$915.0K |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $275.0K |
| Net Receivables | $485M |
| Inventory | $0 |
| Other Current Assets | -$603M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $139M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$2.0B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $2.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$103M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | -$57M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $25.0K |
| Additional Paid-In Capital | $204M |
| Retained Earnings | $646M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $836M |
| Minority Interest | $0 |
| TOTAL EQUITY | $836M |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $50M |
| Net Debt | -$60M |
