| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $195M | $185M | $176M | 5.4% | 10.7% |
| Op. Income | $70M | $75M | $91M | -6.4% | -23.1% |
| Gross Margin | 86.2% | 92.7% | 105.6% | -6.4pp | -19.4pp |
| Net Margin | 29.8% | 33.6% | 42.3% | -3.8pp | -12.5pp |
| EPS (Diluted) | $0.74 | $0.79 | $0.94 | -6.3% | -21.3% |
| Free Cash Flow | $127M | $87M | $100M | 46.1% | 26.3% |
| Item | Amount |
|---|---|
| REVENUE | $195M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $168M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $60M |
| SG&A Expenses | $62M |
| Other Expenses | $36M |
| Operating Expenses | $98M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $70M |
| Interest Income | $171M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $11M |
| EBIT | $70M |
| EBITDA | $81M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $195M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $168M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $60M |
| SG&A Expenses | $62M |
| Other Expenses | $36M |
| Operating Expenses | $98M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $70M |
| Interest Income | $171M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $11M |
| EBIT | $70M |
| EBITDA | $81M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $48M |
| OPERATING CASH FLOW | $128M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$76M |
| Sales/Maturities of Investments | $96M |
| Other Investing Activities | -$261M |
| NET CASH FROM INVESTING | -$242M |
| Net Debt Issuance | -$129M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$22M |
| Other Financing Activities | $417M |
| NET CASH FROM FINANCING | $263M |
| FREE CASH FLOW | $127M |
| Net Change in Cash | $150M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $390M |
| Short-Term Investments | $2.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $126M |
| Goodwill | $925M |
| Intangible Assets | $29M |
| Long-Term Investments | $14.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $16.8B |
| TOTAL ASSETS | $20.0B |
| Account Payables | $0 |
| Short-Term Debt | $280M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.5B |
| TOTAL CURRENT LIABILITIES | $16.8B |
| Long-Term Debt | $390M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $453M |
| TOTAL NON-CURRENT LIABILITIES | $843M |
| TOTAL LIABILITIES | $17.7B |
| Common Stock | $99M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $874M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$462M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $20.0B |
| Total Debt | $670M |
| Net Debt | $280M |
