| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $119M | $116M | $82M | 2.5% | 45.0% |
| Op. Income | $34M | $45M | $43M | -24.3% | -20.4% |
| Gross Margin | 57.9% | 67.4% | 87.8% | -9.5pp | -29.8pp |
| Net Margin | 21.0% | 28.1% | 38.3% | -7.1pp | -17.3pp |
| EPS (Diluted) | $0.59 | $0.79 | $0.75 | -25.3% | -21.3% |
| Free Cash Flow | $14M | $81M | $45M | -83.3% | -70.1% |
| Item | Amount |
|---|---|
| REVENUE | $119M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $69M |
| R&D Expenses | $0 |
| Selling & Marketing | $532.0K |
| General & Administrative | $23M |
| SG&A Expenses | $24M |
| Other Expenses | $11M |
| Operating Expenses | $35M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $34M |
| Interest Income | $115M |
| Interest Expense | $49M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $1M |
| EBIT | $34M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $119M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $69M |
| R&D Expenses | $0 |
| Selling & Marketing | $532.0K |
| General & Administrative | $23M |
| SG&A Expenses | $24M |
| Other Expenses | $11M |
| Operating Expenses | $35M |
| Cost & Expenses | $85M |
| OPERATING INCOME | $34M |
| Interest Income | $115M |
| Interest Expense | $49M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $1M |
| EBIT | $34M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $203.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | -$33M |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | -$80M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $397M |
| NET CASH FROM FINANCING | $304M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $294M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $562M |
| Short-Term Investments | $629M |
| Net Receivables | $46M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $39M |
| Goodwill | $208M |
| Intangible Assets | $7M |
| Long-Term Investments | $8.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $394M |
| TOTAL NON-CURRENT ASSETS | $8.7B |
| TOTAL ASSETS | $10.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.8B |
| TOTAL CURRENT LIABILITIES | $7.8B |
| Long-Term Debt | $932M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $74M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $8.8B |
| Common Stock | $587M |
| Additional Paid-In Capital | $31M |
| Retained Earnings | $553M |
| Treasury Stock | -$58M |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $10.0B |
| Total Debt | $942M |
| Net Debt | $380M |
