| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $180M | $175M | $154M | 2.8% | 17.0% |
| Op. Income | $49M | $68M | $60M | -28.8% | -18.2% |
| Gross Margin | 80.0% | 92.5% | 94.5% | -12.5pp | -14.5pp |
| Net Margin | 22.0% | 31.7% | 31.2% | -9.7pp | -9.2pp |
| EPS (Diluted) | $1.15 | $1.61 | $1.39 | -28.6% | -17.3% |
| Free Cash Flow | $40M | $73M | $61M | -45.4% | -34.5% |
| Item | Amount |
|---|---|
| REVENUE | $180M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $144M |
| R&D Expenses | $0 |
| Selling & Marketing | $940.0K |
| General & Administrative | $65M |
| SG&A Expenses | $66M |
| Other Expenses | $29M |
| Operating Expenses | $95M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $49M |
| Interest Income | $172M |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $5M |
| EBIT | $49M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $180M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $144M |
| R&D Expenses | $0 |
| Selling & Marketing | $940.0K |
| General & Administrative | $65M |
| SG&A Expenses | $66M |
| Other Expenses | $29M |
| Operating Expenses | $95M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $49M |
| Interest Income | $172M |
| Interest Expense | $29M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $5M |
| EBIT | $49M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $40M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $187M |
| Other Investing Activities | -$167M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $78M |
| Common Stock Repurchased | -$631.0K |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$55M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $281M |
| Short-Term Investments | $2.5B |
| Net Receivables | $57M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $181M |
| Goodwill | $373M |
| Intangible Assets | $7M |
| Long-Term Investments | $11.5B |
| Tax Assets | $168M |
| Other Non-Current Assets | $564M |
| TOTAL NON-CURRENT ASSETS | $12.8B |
| TOTAL ASSETS | $15.6B |
| Account Payables | $0 |
| Short-Term Debt | $193M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.1B |
| TOTAL CURRENT LIABILITIES | $13.5B |
| Long-Term Debt | $430M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $45M |
| TOTAL NON-CURRENT LIABILITIES | $527M |
| TOTAL LIABILITIES | $14.0B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $587M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$339M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $15.6B |
| Total Debt | $674M |
| Net Debt | $393M |
