| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $178M | — | $140M | — | 27.7% |
| Op. Income | -$26M | — | -$152.0K | — | -17152.0% |
| Gross Margin | 37.3% | — | 43.5% | — | -6.2pp |
| Net Margin | -6.3% | — | 31.0% | — | -37.3pp |
| EPS (Diluted) | $-0.15 | — | $0.58 | — | -125.9% |
| Free Cash Flow | -$40M | — | -$3M | — | -1328.2% |
| Item | Amount |
|---|---|
| REVENUE | $178M |
| Cost of Revenue | $112M |
| GROSS PROFIT | $66M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $85M |
| Other Expenses | $0 |
| Operating Expenses | $93M |
| Cost & Expenses | $205M |
| OPERATING INCOME | -$26M |
| Interest Income | $11M |
| Interest Expense | $43.0K |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $20M |
| EBIT | -$16M |
| EBITDA | $4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$218.0K |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | -$27M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$372M |
| Purchases of Investments | -$166M |
| Sales/Maturities of Investments | $607M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $56M |
| Net Debt Issuance | -$91.0K |
| Common Stock Repurchased | -$500M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$505M |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | -$425M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $615M |
| Short-Term Investments | $523M |
| Net Receivables | $202M |
| Inventory | $146M |
| Other Current Assets | $141M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $217M |
| Goodwill | $761M |
| Intangible Assets | $327M |
| Long-Term Investments | $305M |
| Tax Assets | $298.0K |
| Other Non-Current Assets | $62M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $55M |
| Short-Term Debt | $8M |
| Deferred Revenue | $43M |
| Other Current Liabilities | $84M |
| TOTAL CURRENT LIABILITIES | $249M |
| Long-Term Debt | $52M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $86M |
| Other Non-Current Liabilities | -$20M |
| TOTAL NON-CURRENT LIABILITIES | $172M |
| TOTAL LIABILITIES | $421M |
| Common Stock | $824.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $1.6B |
| Treasury Stock | -$201M |
| Accum. Other Comp. Income | -$62M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $114M |
| Net Debt | -$502M |
