| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $162M | $150M | $113M | 8.6% | 43.8% |
| Op. Income | $38M | $51M | $54M | -26.3% | -30.2% |
| Gross Margin | 55.2% | 65.7% | 93.4% | -10.5pp | -38.2pp |
| Net Margin | 16.9% | 24.9% | 34.0% | -8.0pp | -17.1pp |
| EPS (Diluted) | $0.66 | $0.92 | $0.94 | -28.3% | -29.8% |
| Free Cash Flow | $30M | $13M | $68M | 133.9% | -56.5% |
| Item | Amount |
|---|---|
| REVENUE | $162M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $90M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $36M |
| SG&A Expenses | $37M |
| Other Expenses | $15M |
| Operating Expenses | $52M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $38M |
| Interest Income | $152M |
| Interest Expense | $72M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $2M |
| EBIT | $38M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $162M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $90M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $36M |
| SG&A Expenses | $37M |
| Other Expenses | $15M |
| Operating Expenses | $52M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $38M |
| Interest Income | $152M |
| Interest Expense | $72M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $2M |
| EBIT | $38M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | -$149M |
| NET CASH FROM INVESTING | -$131M |
| Net Debt Issuance | -$52M |
| Common Stock Repurchased | -$232.0K |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$47M |
| NET CASH FROM FINANCING | -$111M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | -$211M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $453M |
| Short-Term Investments | $895M |
| Net Receivables | $52M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $101M |
| Goodwill | $156M |
| Intangible Assets | $6M |
| Long-Term Investments | $11.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $588M |
| TOTAL NON-CURRENT ASSETS | $12.4B |
| TOTAL ASSETS | $13.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.5B |
| TOTAL CURRENT LIABILITIES | $10.5B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $372M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $12.6B |
| Common Stock | $416.0K |
| Additional Paid-In Capital | $494M |
| Retained Earnings | $805M |
| Treasury Stock | -$97M |
| Accum. Other Comp. Income | -$104M |
| Other Equity | -$12M |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $13.8B |
| Total Debt | $1.7B |
| Net Debt | $1.3B |
