| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $227M | $212M | $173M | 7.3% | 31.7% |
| Op. Income | $63M | $79M | $70M | -20.5% | -10.9% |
| Gross Margin | 76.1% | 85.0% | 100.1% | -8.9pp | -24.0pp |
| Net Margin | 20.6% | 28.9% | 31.8% | -8.3pp | -11.2pp |
| EPS (Diluted) | $1.14 | $1.50 | $1.32 | -24.0% | -13.6% |
| Free Cash Flow | -$33M | $60M | $36M | -155.2% | -191.9% |
| Item | Amount |
|---|---|
| REVENUE | $227M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $173M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $68M |
| SG&A Expenses | $70M |
| Other Expenses | $40M |
| Operating Expenses | $110M |
| Cost & Expenses | $165M |
| OPERATING INCOME | $63M |
| Interest Income | $188M |
| Interest Expense | $52M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $9M |
| EBIT | $63M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $227M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $173M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $68M |
| SG&A Expenses | $70M |
| Other Expenses | $40M |
| Operating Expenses | $110M |
| Cost & Expenses | $165M |
| OPERATING INCOME | $63M |
| Interest Income | $188M |
| Interest Expense | $52M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $9M |
| EBIT | $63M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$101M |
| OPERATING CASH FLOW | -$31M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $166M |
| Other Investing Activities | -$181M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $425M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | -$28M |
| Other Financing Activities | -$124M |
| NET CASH FROM FINANCING | $258M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | $210M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $340M |
| Short-Term Investments | $1.7B |
| Net Receivables | $144M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $295M |
| Goodwill | $32M |
| Intangible Assets | $22M |
| Long-Term Investments | $20.3B |
| Tax Assets | $161M |
| Other Non-Current Assets | $893M |
| TOTAL NON-CURRENT ASSETS | $21.7B |
| TOTAL ASSETS | $23.9B |
| Account Payables | $13M |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.5B |
| TOTAL CURRENT LIABILITIES | $21.6B |
| Long-Term Debt | $500M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $413M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $22.6B |
| Common Stock | $583.0K |
| Additional Paid-In Capital | $624M |
| Retained Earnings | $2.1B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$405M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $23.9B |
| Total Debt | $1.7B |
| Net Debt | $1.3B |
