| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | $58M | $73M | -24.7% | -40.4% |
| Op. Income | $7M | $16M | $28M | -56.5% | -75.8% |
| Gross Margin | 92.9% | 96.6% | 96.0% | -3.7pp | -3.1pp |
| Net Margin | 12.2% | 21.8% | 29.3% | -9.6pp | -17.1pp |
| EPS (Diluted) | $0.23 | $0.53 | $0.89 | -56.6% | -74.2% |
| Free Cash Flow | $142M | $31M | $59M | 364.7% | 141.0% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $905.0K |
| General & Administrative | $26M |
| SG&A Expenses | $26M |
| Other Expenses | $7M |
| Operating Expenses | $34M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $7M |
| Interest Income | $15M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $1M |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $905.0K |
| General & Administrative | $26M |
| SG&A Expenses | $26M |
| Other Expenses | $7M |
| Operating Expenses | $34M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $7M |
| Interest Income | $15M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $1M |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $170.0K |
| Deferred Income Tax | -$310.0K |
| Other Non-Cash Items | $157M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $143M |
| Capital Expenditure | -$121.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$48M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | -$151M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$26M |
| NET CASH FROM FINANCING | -$207M |
| FREE CASH FLOW | $142M |
| Net Change in Cash | -$98M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $268M |
| Short-Term Investments | $202M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $537M |
| PP&E (Net) | $22M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $101M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $0 |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $315M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $370M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $241.0K |
| Additional Paid-In Capital | $161M |
| Retained Earnings | $273M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | -$14M |
| TOTAL STOCKHOLDERS' EQUITY | $412M |
| Minority Interest | $0 |
| TOTAL EQUITY | $412M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $326M |
| Net Debt | $59M |
