| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $154M | $145M | $126M | 6.0% | 21.6% |
| Op. Income | $37M | $37M | $44M | 1.7% | -15.1% |
| Gross Margin | 70.6% | 73.2% | 90.9% | -2.6pp | -20.4pp |
| Net Margin | 20.0% | 20.3% | 28.2% | -0.3pp | -8.3pp |
| EPS (Diluted) | $0.54 | $0.52 | $0.64 | 3.8% | -15.6% |
| Free Cash Flow | $40M | $38M | $43M | 5.9% | -7.1% |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $30M |
| Operating Expenses | $71M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $37M |
| Interest Income | $123M |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $6M |
| EBIT | $37M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $30M |
| Operating Expenses | $71M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $37M |
| Interest Income | $123M |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $6M |
| EBIT | $37M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $79M |
| Other Investing Activities | -$40M |
| NET CASH FROM INVESTING | $31M |
| Net Debt Issuance | -$203M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $250M |
| NET CASH FROM FINANCING | $32M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | $105M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $338M |
| Short-Term Investments | $2.2B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $134M |
| Goodwill | $318M |
| Intangible Assets | $38M |
| Long-Term Investments | $8.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $588M |
| TOTAL NON-CURRENT ASSETS | $9.7B |
| TOTAL ASSETS | $12.3B |
| Account Payables | $0 |
| Short-Term Debt | $196M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.3B |
| TOTAL CURRENT LIABILITIES | $10.5B |
| Long-Term Debt | $316M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $213M |
| TOTAL NON-CURRENT LIABILITIES | $540M |
| TOTAL LIABILITIES | $11.1B |
| Common Stock | $58.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $225M |
| Treasury Stock | -$68M |
| Accum. Other Comp. Income | -$291M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $12.3B |
| Total Debt | $523M |
| Net Debt | $185M |
