| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $145M | $143M | $114M | 1.4% | 27.5% |
| Op. Income | $37M | $46M | $36M | -20.5% | 1.8% |
| Gross Margin | 73.2% | 81.7% | 92.7% | -8.5pp | -19.5pp |
| Net Margin | 20.3% | 25.7% | 26.3% | -5.5pp | -6.0pp |
| EPS (Diluted) | $0.52 | $0.65 | $0.53 | -20.0% | -1.9% |
| Free Cash Flow | $38M | $43M | $29M | -12.1% | 29.0% |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $106M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $28M |
| Operating Expenses | $69M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $37M |
| Interest Income | $117M |
| Interest Expense | $38M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $6M |
| EBIT | $37M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $106M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $28M |
| Operating Expenses | $69M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $37M |
| Interest Income | $117M |
| Interest Expense | $38M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $6M |
| EBIT | $37M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $100M |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | $84M |
| Net Debt Issuance | -$415M |
| Common Stock Repurchased | -$397.0K |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $262M |
| NET CASH FROM FINANCING | -$167M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | -$43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $233M |
| Short-Term Investments | $2.3B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $134M |
| Goodwill | $318M |
| Intangible Assets | $41M |
| Long-Term Investments | $8.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $581M |
| TOTAL NON-CURRENT ASSETS | $9.7B |
| TOTAL ASSETS | $12.2B |
| Account Payables | $0 |
| Short-Term Debt | $415M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.1B |
| TOTAL CURRENT LIABILITIES | $10.5B |
| Long-Term Debt | $318M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $199M |
| TOTAL NON-CURRENT LIABILITIES | $529M |
| TOTAL LIABILITIES | $11.0B |
| Common Stock | $58.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $208M |
| Treasury Stock | -$70M |
| Accum. Other Comp. Income | -$261M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $12.2B |
| Total Debt | $745M |
| Net Debt | $513M |
