| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $257M | $262M | $239M | -1.9% | 7.7% |
| Op. Income | $172M | $177M | $154M | -3.0% | 11.6% |
| Gross Margin | 72.4% | 80.9% | 70.5% | -8.5pp | 1.9pp |
| Net Margin | 37.9% | 31.2% | 16.0% | 6.7pp | 21.9pp |
| EPS (Diluted) | $0.43 | $0.26 | $0.07 | 65.4% | 528.7% |
| Free Cash Flow | $137M | $145M | $131M | -5.7% | 4.6% |
| Item | Amount |
|---|---|
| REVENUE | $257M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $186M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $172M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$74M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $50M |
| EBIT | $121M |
| EBITDA | $172M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $257M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $186M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $172M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$74M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $98M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $98M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $50M |
| EBIT | $121M |
| EBITDA | $172M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $98M |
| Depreciation & Amortization | $51M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $137M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$5.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$26M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$138.0K |
| Common Stock Repurchased | -$91.0K |
| Common Dividends Paid | -$110M |
| Other Financing Activities | -$565.0K |
| NET CASH FROM FINANCING | -$111M |
| FREE CASH FLOW | $137M |
| Net Change in Cash | -$143.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $30M |
| Inventory | $0 |
| Other Current Assets | $65M |
| TOTAL CURRENT ASSETS | $108M |
| PP&E (Net) | $49M |
| Goodwill | $0 |
| Intangible Assets | $536.0K |
| Long-Term Investments | $104M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.0B |
| TOTAL NON-CURRENT ASSETS | $6.2B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $188M |
| Short-Term Debt | $61M |
| Deferred Revenue | $39M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $402M |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$471.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $79M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $3.1B |
| Net Debt | $3.1B |
