| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $150M | $139M | $101M | 7.4% | 48.0% |
| Op. Income | $51M | $55M | $48M | -7.8% | 6.1% |
| Gross Margin | 65.7% | 76.0% | 96.8% | -10.3pp | -31.1pp |
| Net Margin | 24.9% | 28.7% | 34.1% | -3.8pp | -9.2pp |
| EPS (Diluted) | $0.92 | $0.98 | $0.82 | -6.1% | 12.2% |
| Free Cash Flow | $13M | $47M | $78M | -72.9% | -83.8% |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $98M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $29M |
| SG&A Expenses | $30M |
| Other Expenses | $18M |
| Operating Expenses | $47M |
| Cost & Expenses | $99M |
| OPERATING INCOME | $51M |
| Interest Income | $141M |
| Interest Expense | $55M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $2M |
| EBIT | $51M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $98M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $29M |
| SG&A Expenses | $30M |
| Other Expenses | $18M |
| Operating Expenses | $47M |
| Cost & Expenses | $99M |
| OPERATING INCOME | $51M |
| Interest Income | $141M |
| Interest Expense | $55M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $2M |
| EBIT | $51M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$787.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$102M |
| Sales/Maturities of Investments | $104M |
| Other Investing Activities | -$192M |
| NET CASH FROM INVESTING | -$191M |
| Net Debt Issuance | $368M |
| Common Stock Repurchased | -$715.0K |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $315M |
| NET CASH FROM FINANCING | $671M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $494M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $663M |
| Short-Term Investments | $927M |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $103M |
| Goodwill | $156M |
| Intangible Assets | $6M |
| Long-Term Investments | $11.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $545M |
| TOTAL NON-CURRENT ASSETS | $12.2B |
| TOTAL ASSETS | $13.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.6B |
| TOTAL CURRENT LIABILITIES | $10.6B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $320M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $12.7B |
| Common Stock | $416.0K |
| Additional Paid-In Capital | $494M |
| Retained Earnings | $789M |
| Treasury Stock | -$96M |
| Accum. Other Comp. Income | -$99M |
| Other Equity | -$13M |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $13.8B |
| Total Debt | $1.8B |
| Net Debt | $1.1B |
