| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $262M | $244M | $284M | 7.1% | -7.7% |
| Op. Income | $211M | $276M | $247M | -23.5% | -14.5% |
| Gross Margin | 98.4% | 131.2% | 102.6% | -32.8pp | -4.3pp |
| Net Margin | 68.0% | 94.8% | 72.4% | -26.8pp | -4.4pp |
| EPS (Diluted) | $1.66 | $2.16 | $1.84 | -23.1% | -9.8% |
| Free Cash Flow | $172M | $62M | $177M | 175.4% | -3.2% |
| Item | Amount |
|---|---|
| REVENUE | $262M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $258M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $22M |
| Operating Expenses | $47M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $211M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $211M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $178M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $178M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $178M |
| D&A | $740.0K |
| EBIT | $215M |
| EBITDA | $216M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $262M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $258M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $22M |
| Operating Expenses | $47M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $211M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $211M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $178M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $178M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $178M |
| D&A | $740.0K |
| EBIT | $215M |
| EBITDA | $216M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $178M |
| Depreciation & Amortization | $740.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $173M |
| Capital Expenditure | -$862.0K |
| Acquisitions (Net) | -$37M |
| Purchases of Investments | -$264M |
| Sales/Maturities of Investments | $155M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$147M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$18.0K |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $172M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $331M |
| Net Receivables | $59M |
| Inventory | $0 |
| Other Current Assets | $3.8B |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $20M |
| Goodwill | $0 |
| Intangible Assets | $10M |
| Long-Term Investments | $4.6B |
| Tax Assets | $4.6B |
| Other Non-Current Assets | -$4.6B |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $286M |
| TOTAL CURRENT LIABILITIES | $406M |
| Long-Term Debt | $421M |
| Deferred Revenue NC | -$421M |
| Deferred Tax Liabilities | $341M |
| Other Non-Current Liabilities | $516M |
| TOTAL NON-CURRENT LIABILITIES | $857M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $3.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$424M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $421M |
| Net Debt | $341M |
