| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $205M | $199M | $163M | 3.0% | 25.3% |
| Op. Income | $65M | $70M | $68M | -6.8% | -4.5% |
| Gross Margin | 71.6% | 76.0% | 90.2% | -4.4pp | -18.7pp |
| Net Margin | 24.9% | 27.7% | 33.9% | -2.8pp | -9.0pp |
| EPS (Diluted) | $1.52 | $1.64 | $1.65 | -7.3% | -7.9% |
| Free Cash Flow | $56M | $55M | $56M | 3.3% | 0.4% |
| Item | Amount |
|---|---|
| REVENUE | $205M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $52M |
| SG&A Expenses | $54M |
| Other Expenses | $28M |
| Operating Expenses | $81M |
| Cost & Expenses | $139M |
| OPERATING INCOME | $65M |
| Interest Income | $160M |
| Interest Expense | $56M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $6M |
| EBIT | $65M |
| EBITDA | $71M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $205M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $52M |
| SG&A Expenses | $54M |
| Other Expenses | $28M |
| Operating Expenses | $81M |
| Cost & Expenses | $139M |
| OPERATING INCOME | $65M |
| Interest Income | $160M |
| Interest Expense | $56M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $6M |
| EBIT | $65M |
| EBITDA | $71M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $864.0K |
| Deferred Income Tax | -$549.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $8M |
| Purchases of Investments | -$77M |
| Sales/Maturities of Investments | $86M |
| Other Investing Activities | -$179M |
| NET CASH FROM INVESTING | -$167M |
| Net Debt Issuance | $83.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $48M |
| NET CASH FROM FINANCING | $33M |
| FREE CASH FLOW | $56M |
| Net Change in Cash | -$72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $1.5B |
| Net Receivables | $345M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $280M |
| Goodwill | $182M |
| Intangible Assets | $18M |
| Long-Term Investments | $7.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $7.9B |
| TOTAL ASSETS | $12.1B |
| Account Payables | $120M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.5B |
| TOTAL CURRENT LIABILITIES | $10.7B |
| 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 | $173M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$77M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $12.1B |
| Total Debt | $90M |
| Net Debt | -$2.2B |
