| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $100M | $89M | $81M | 13.1% | 23.8% |
| Op. Income | $39M | $44M | $43M | -11.1% | -8.5% |
| Gross Margin | 71.3% | 85.6% | 87.8% | -14.3pp | -16.5pp |
| Net Margin | 28.8% | 36.5% | 39.6% | -7.6pp | -10.8pp |
| EPS (Diluted) | $0.70 | $0.78 | $0.80 | -10.3% | -12.5% |
| Free Cash Flow | $23M | $25M | $33M | -6.8% | -31.1% |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $461.0K |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $10M |
| Operating Expenses | $32M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $39M |
| Interest Income | $97M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $10M |
| 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 | $27M |
| D&A | $1M |
| EBIT | $39M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $100M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $461.0K |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $10M |
| Operating Expenses | $32M |
| Cost & Expenses | $61M |
| OPERATING INCOME | $39M |
| Interest Income | $97M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $10M |
| 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 | $27M |
| D&A | $1M |
| EBIT | $39M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$32M |
| Sales/Maturities of Investments | $37M |
| Other Investing Activities | -$634M |
| NET CASH FROM INVESTING | -$630M |
| Net Debt Issuance | -$45M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $693M |
| NET CASH FROM FINANCING | $640M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $334M |
| Short-Term Investments | $624M |
| Net Receivables | $39M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $996M |
| PP&E (Net) | $39M |
| Goodwill | $208M |
| Intangible Assets | $8M |
| Long-Term Investments | $7.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $395M |
| TOTAL NON-CURRENT ASSETS | $8.5B |
| TOTAL ASSETS | $9.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.3B |
| TOTAL CURRENT LIABILITIES | $7.3B |
| Long-Term Debt | $983M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $8.3B |
| Common Stock | $587M |
| Additional Paid-In Capital | $29M |
| Retained Earnings | $511M |
| Treasury Stock | -$53M |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $9.5B |
| Total Debt | $995M |
| Net Debt | $661M |
