| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $183M | $169M | $121M | 7.9% | 51.6% |
| Op. Income | $63M | $71M | $58M | -12.0% | 8.6% |
| Gross Margin | 70.7% | 80.1% | 94.1% | -9.4pp | -23.4pp |
| Net Margin | 26.9% | 32.9% | 37.4% | -6.0pp | -10.6pp |
| EPS (Diluted) | $1.29 | $1.46 | $1.19 | -11.6% | 8.4% |
| Free Cash Flow | $70M | $68M | $64M | 1.7% | 8.3% |
| Item | Amount |
|---|---|
| REVENUE | $183M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $129M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $44M |
| SG&A Expenses | $44M |
| Other Expenses | $22M |
| Operating Expenses | $67M |
| Cost & Expenses | $120M |
| OPERATING INCOME | $63M |
| Interest Income | $188M |
| Interest Expense | $47M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $3M |
| EBIT | $63M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $183M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $129M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $44M |
| SG&A Expenses | $44M |
| Other Expenses | $22M |
| Operating Expenses | $67M |
| Cost & Expenses | $120M |
| OPERATING INCOME | $63M |
| Interest Income | $188M |
| Interest Expense | $47M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $3M |
| EBIT | $63M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $49M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$922.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$112M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$428M |
| NET CASH FROM INVESTING | -$526M |
| Net Debt Issuance | $36M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $467M |
| NET CASH FROM FINANCING | $492M |
| FREE CASH FLOW | $70M |
| Net Change in Cash | $37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $327M |
| Short-Term Investments | $1.6B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $42M |
| Goodwill | $365M |
| Intangible Assets | $15M |
| Long-Term Investments | $11.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $410M |
| TOTAL NON-CURRENT ASSETS | $12.0B |
| TOTAL ASSETS | $13.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.6B |
| TOTAL CURRENT LIABILITIES | $11.6B |
| Long-Term Debt | $505M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $128M |
| TOTAL NON-CURRENT LIABILITIES | $633M |
| TOTAL LIABILITIES | $12.3B |
| Common Stock | $374.0K |
| Additional Paid-In Capital | $988M |
| Retained Earnings | $681M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$123M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $13.9B |
| Total Debt | $505M |
| Net Debt | $178M |
