| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $135M | $131M | $98M | 3.6% | 38.6% |
| Op. Income | $37M | $19M | $46M | 92.6% | -19.2% |
| Gross Margin | 73.0% | 71.5% | 97.8% | 1.5pp | -24.8pp |
| Net Margin | 21.7% | 11.6% | 37.4% | 10.1pp | -15.7pp |
| EPS (Diluted) | $0.71 | $0.37 | $1.03 | 91.9% | -31.1% |
| Free Cash Flow | $27M | $36M | $29M | -25.5% | -6.4% |
| Item | Amount |
|---|---|
| REVENUE | $135M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $99M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $35M |
| SG&A Expenses | $35M |
| Other Expenses | $27M |
| Operating Expenses | $62M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $37M |
| Interest Income | $121M |
| Interest Expense | $34M |
| 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 | $5M |
| EBIT | $37M |
| EBITDA | $42M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $135M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $99M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $35M |
| SG&A Expenses | $35M |
| Other Expenses | $27M |
| Operating Expenses | $62M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $37M |
| Interest Income | $121M |
| Interest Expense | $34M |
| 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 | $5M |
| EBIT | $37M |
| EBITDA | $42M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$611.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $39M |
| Other Investing Activities | -$80M |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | -$125M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$205M |
| NET CASH FROM FINANCING | -$339M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | -$353M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $361M |
| Short-Term Investments | $2.2B |
| Net Receivables | $33M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $171M |
| Goodwill | $479M |
| Intangible Assets | $37M |
| Long-Term Investments | $8.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $401M |
| TOTAL NON-CURRENT ASSETS | $9.4B |
| TOTAL ASSETS | $12.0B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.2B |
| TOTAL CURRENT LIABILITIES | $10.2B |
| Long-Term Debt | $404M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $138M |
| TOTAL NON-CURRENT LIABILITIES | $562M |
| TOTAL LIABILITIES | $10.7B |
| Common Stock | $961M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $675M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$338M |
| Other Equity | $1M |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $12.0B |
| Total Debt | $423M |
| Net Debt | $63M |
