| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $191M | $180M | $167M | 6.1% | 14.3% |
| Op. Income | $57M | $49M | $61M | 15.9% | -7.2% |
| Gross Margin | 79.4% | 80.0% | 93.6% | -0.6pp | -14.1pp |
| Net Margin | 24.0% | 22.0% | 29.4% | 2.0pp | -5.4pp |
| EPS (Diluted) | $1.33 | $1.15 | $1.43 | 15.7% | -7.0% |
| Free Cash Flow | $65M | $40M | $37M | 64.9% | 76.2% |
| Item | Amount |
|---|---|
| REVENUE | $191M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $152M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $64M |
| SG&A Expenses | $65M |
| Other Expenses | $30M |
| Operating Expenses | $95M |
| Cost & Expenses | $135M |
| OPERATING INCOME | $57M |
| Interest Income | $179M |
| Interest Expense | $37M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $5M |
| EBIT | $57M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $191M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $152M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $64M |
| SG&A Expenses | $65M |
| Other Expenses | $30M |
| Operating Expenses | $95M |
| Cost & Expenses | $135M |
| OPERATING INCOME | $57M |
| Interest Income | $179M |
| Interest Expense | $37M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $5M |
| EBIT | $57M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$431.0K |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $72M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $118M |
| Other Investing Activities | -$136M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$135M |
| Common Stock Repurchased | -$19.0K |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $75M |
| NET CASH FROM FINANCING | -$76M |
| FREE CASH FLOW | $65M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $252M |
| Short-Term Investments | $2.3B |
| Net Receivables | $61M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $180M |
| Goodwill | $373M |
| Intangible Assets | $7M |
| Long-Term Investments | $11.6B |
| Tax Assets | $187M |
| Other Non-Current Assets | $560M |
| TOTAL NON-CURRENT ASSETS | $12.9B |
| TOTAL ASSETS | $15.5B |
| Account Payables | $0 |
| Short-Term Debt | $188M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.2B |
| TOTAL CURRENT LIABILITIES | $13.6B |
| Long-Term Debt | $299M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $45M |
| TOTAL NON-CURRENT LIABILITIES | $393M |
| TOTAL LIABILITIES | $14.0B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $616M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$393M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $15.5B |
| Total Debt | $536M |
| Net Debt | $284M |
