| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $162M | $156M | $135M | 3.9% | 19.7% |
| Op. Income | $78M | $83M | $82M | -5.9% | -5.4% |
| Gross Margin | 81.1% | 87.8% | 96.4% | -6.7pp | -15.3pp |
| Net Margin | 34.5% | 38.1% | 43.7% | -3.6pp | -9.2pp |
| EPS (Diluted) | $0.40 | $0.42 | $0.42 | -4.8% | -4.8% |
| Free Cash Flow | $90M | $70M | $52M | 28.9% | 72.7% |
| Item | Amount |
|---|---|
| REVENUE | $162M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $131M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $34M |
| SG&A Expenses | $36M |
| Other Expenses | $18M |
| Operating Expenses | $53M |
| Cost & Expenses | $84M |
| OPERATING INCOME | $78M |
| Interest Income | $149M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $4M |
| EBIT | $78M |
| EBITDA | $82M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $162M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $131M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $34M |
| SG&A Expenses | $36M |
| Other Expenses | $18M |
| Operating Expenses | $53M |
| Cost & Expenses | $84M |
| OPERATING INCOME | $78M |
| Interest Income | $149M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $4M |
| EBIT | $78M |
| EBITDA | $82M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $92M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$775.0K |
| Sales/Maturities of Investments | $122M |
| Other Investing Activities | $29M |
| NET CASH FROM INVESTING | $149M |
| Net Debt Issuance | $90M |
| Common Stock Repurchased | -$15.0K |
| Common Dividends Paid | -$28M |
| Other Financing Activities | $88M |
| NET CASH FROM FINANCING | $150M |
| FREE CASH FLOW | $90M |
| Net Change in Cash | $391M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $649M |
| Short-Term Investments | $3.1B |
| Net Receivables | $271M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $46M |
| Goodwill | $766M |
| Intangible Assets | $18M |
| Long-Term Investments | $11.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $411M |
| TOTAL NON-CURRENT ASSETS | $12.5B |
| TOTAL ASSETS | $16.5B |
| Account Payables | $0 |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.4B |
| TOTAL CURRENT LIABILITIES | $14.3B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $138M |
| TOTAL NON-CURRENT LIABILITIES | $138M |
| TOTAL LIABILITIES | $14.5B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$345M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $16.5B |
| Total Debt | $1.9B |
| Net Debt | $1.3B |
