| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $165M | $144M | $101M | 14.7% | 63.1% |
| Op. Income | $37M | $31M | $28M | 18.5% | 29.5% |
| Gross Margin | 45.3% | 49.8% | 86.4% | -4.5pp | -41.1pp |
| Net Margin | 17.4% | 16.8% | 15.5% | 0.5pp | 1.9pp |
| EPS (Diluted) | $0.94 | $0.78 | $0.78 | 20.5% | 20.5% |
| Free Cash Flow | $31M | $60M | $63M | -49.0% | -51.0% |
| Item | Amount |
|---|---|
| REVENUE | $165M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $884.0K |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $13M |
| Operating Expenses | $38M |
| Cost & Expenses | $128M |
| OPERATING INCOME | $37M |
| Interest Income | $157M |
| Interest Expense | $85M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $888.0K |
| EBIT | $37M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $165M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $884.0K |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $13M |
| Operating Expenses | $38M |
| Cost & Expenses | $128M |
| OPERATING INCOME | $37M |
| Interest Income | $157M |
| Interest Expense | $85M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $888.0K |
| EBIT | $37M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $888.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | $92.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | -$798.0K |
| NET CASH FROM INVESTING | $50M |
| Net Debt Issuance | -$277M |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $254M |
| NET CASH FROM FINANCING | -$66M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $184M |
| Short-Term Investments | $1.5B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $34M |
| Goodwill | $0 |
| Intangible Assets | $104M |
| Long-Term Investments | $8.7B |
| Tax Assets | $93M |
| Other Non-Current Assets | $341M |
| TOTAL NON-CURRENT ASSETS | $9.3B |
| TOTAL ASSETS | $11.0B |
| Account Payables | $0 |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.7B |
| TOTAL CURRENT LIABILITIES | $9.6B |
| Long-Term Debt | $70M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $127M |
| TOTAL NON-CURRENT LIABILITIES | $223M |
| TOTAL LIABILITIES | $9.8B |
| Common Stock | $296.0K |
| Additional Paid-In Capital | $370M |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$192M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $11.0B |
| Total Debt | $2.0B |
| Net Debt | $1.8B |
