| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $157M | $171M | $160M | -8.5% | -2.2% |
| Op. Income | $91M | $65M | $27M | 41.5% | 238.0% |
| Gross Margin | 112.4% | 93.8% | 67.5% | 18.5pp | 44.9pp |
| Net Margin | 46.7% | 30.9% | 14.6% | 15.8pp | 32.1pp |
| EPS (Diluted) | $1.05 | $0.75 | $0.35 | 40.0% | 200.0% |
| Free Cash Flow | $50M | $161M | $30M | -69.1% | 65.7% |
| Item | Amount |
|---|---|
| REVENUE | $157M |
| Cost of Revenue | -$19M |
| GROSS PROFIT | $176M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $61M |
| SG&A Expenses | $61M |
| Other Expenses | $24M |
| Operating Expenses | $85M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $91M |
| Interest Income | $125M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $0 |
| EBIT | $91M |
| EBITDA | $91M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $157M |
| Cost of Revenue | -$19M |
| GROSS PROFIT | $176M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $61M |
| SG&A Expenses | $61M |
| Other Expenses | $24M |
| Operating Expenses | $85M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $91M |
| Interest Income | $125M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $71M |
| D&A | $0 |
| EBIT | $91M |
| EBITDA | $91M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$21M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $266M |
| Other Investing Activities | $101M |
| NET CASH FROM INVESTING | -$814M |
| Net Debt Issuance | -$220M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $859M |
| NET CASH FROM FINANCING | $616M |
| FREE CASH FLOW | $50M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $209M |
| Short-Term Investments | $0 |
| Net Receivables | $69M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $278M |
| PP&E (Net) | $240M |
| Goodwill | $0 |
| Intangible Assets | $1.2B |
| Long-Term Investments | $14.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $468M |
| TOTAL NON-CURRENT ASSETS | $16.8B |
| TOTAL ASSETS | $17.1B |
| Account Payables | $0 |
| Short-Term Debt | $137M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $137M |
| Long-Term Debt | $626M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13.5B |
| TOTAL NON-CURRENT LIABILITIES | $14.1B |
| TOTAL LIABILITIES | $14.3B |
| Common Stock | $142M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $880M |
| Treasury Stock | -$25M |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $17.1B |
| Total Debt | $764M |
| Net Debt | $555M |
