| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $170M | $162M | $147M | 5.2% | 16.1% |
| Op. Income | $81M | $78M | $90M | 3.8% | -10.3% |
| Gross Margin | 80.0% | 81.1% | 97.4% | -1.0pp | -17.3pp |
| Net Margin | 34.0% | 34.5% | 44.1% | -0.5pp | -10.1pp |
| EPS (Diluted) | $0.42 | $0.40 | $0.46 | 5.0% | -8.7% |
| Free Cash Flow | $84M | $90M | $73M | -6.3% | 16.0% |
| Item | Amount |
|---|---|
| REVENUE | $170M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $136M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $36M |
| SG&A Expenses | $37M |
| Other Expenses | $18M |
| Operating Expenses | $56M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $81M |
| Interest Income | $156M |
| Interest Expense | $33M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $6M |
| EBIT | $81M |
| EBITDA | $86M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $170M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $136M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $36M |
| SG&A Expenses | $37M |
| Other Expenses | $18M |
| Operating Expenses | $56M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $81M |
| Interest Income | $156M |
| Interest Expense | $33M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $6M |
| EBIT | $81M |
| EBITDA | $86M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $85M |
| Capital Expenditure | -$531.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$33M |
| Sales/Maturities of Investments | $127M |
| Other Investing Activities | $69M |
| NET CASH FROM INVESTING | $162M |
| Net Debt Issuance | -$558M |
| Common Stock Repurchased | -$135.0K |
| Common Dividends Paid | -$28M |
| Other Financing Activities | -$39M |
| NET CASH FROM FINANCING | -$625M |
| FREE CASH FLOW | $84M |
| Net Change in Cash | -$378M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $245M |
| Short-Term Investments | $2.9B |
| Net Receivables | $335M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $45M |
| Goodwill | $766M |
| Intangible Assets | $17M |
| Long-Term Investments | $11.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $420M |
| TOTAL NON-CURRENT ASSETS | $12.4B |
| TOTAL ASSETS | $15.9B |
| Account Payables | $0 |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.4B |
| TOTAL CURRENT LIABILITIES | $13.7B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $203M |
| TOTAL NON-CURRENT LIABILITIES | $203M |
| TOTAL LIABILITIES | $14.0B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$427M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $15.9B |
| Total Debt | $1.4B |
| Net Debt | $1.1B |
