| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $199M | $193M | $134M | 2.9% | 48.2% |
| Op. Income | $70M | $74M | $55M | -5.9% | 26.6% |
| Gross Margin | 76.0% | 80.0% | 96.2% | -4.0pp | -20.2pp |
| Net Margin | 27.7% | 29.8% | 33.3% | -2.1pp | -5.7pp |
| EPS (Diluted) | $1.64 | $1.72 | $1.34 | -4.7% | 22.4% |
| Free Cash Flow | $55M | $62M | $51M | -11.2% | 6.6% |
| Item | Amount |
|---|---|
| REVENUE | $199M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $151M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $51M |
| SG&A Expenses | $53M |
| Other Expenses | $28M |
| Operating Expenses | $81M |
| Cost & Expenses | $129M |
| OPERATING INCOME | $70M |
| Interest Income | $151M |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $6M |
| EBIT | $70M |
| EBITDA | $76M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $199M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $151M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $51M |
| SG&A Expenses | $53M |
| Other Expenses | $28M |
| Operating Expenses | $81M |
| Cost & Expenses | $129M |
| OPERATING INCOME | $70M |
| Interest Income | $151M |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $6M |
| EBIT | $70M |
| EBITDA | $76M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $831.0K |
| Deferred Income Tax | -$711.0K |
| Other Non-Cash Items | $153.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $33M |
| Other Investing Activities | -$165M |
| NET CASH FROM INVESTING | -$141M |
| Net Debt Issuance | -$200M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$135M |
| NET CASH FROM FINANCING | -$346M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | -$427M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $1.6B |
| Net Receivables | $304M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $280M |
| Goodwill | $182M |
| Intangible Assets | $18M |
| Long-Term Investments | $7.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $46M |
| TOTAL NON-CURRENT ASSETS | $7.7B |
| TOTAL ASSETS | $12.0B |
| Account Payables | $114M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.5B |
| TOTAL CURRENT LIABILITIES | $10.6B |
| Long-Term Debt | $86M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $86M |
| TOTAL LIABILITIES | $10.7B |
| Common Stock | $33M |
| Additional Paid-In Capital | $172M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$71M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $12.0B |
| Total Debt | $90M |
| Net Debt | -$2.3B |
