| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $243M | $248M | $219M | -1.9% | 10.8% |
| Op. Income | $107M | $107M | $115M | -0.1% | -7.6% |
| Gross Margin | 82.4% | 87.4% | 99.4% | -5.0pp | -17.0pp |
| Net Margin | 30.1% | 30.1% | 33.6% | 0.0pp | -3.5pp |
| EPS (Diluted) | $0.40 | $0.40 | $0.35 | 0.0% | 14.3% |
| Free Cash Flow | $101M | $112M | $94M | -9.7% | 7.6% |
| Item | Amount |
|---|---|
| REVENUE | $243M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $200M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $49M |
| SG&A Expenses | $54M |
| Other Expenses | $39M |
| Operating Expenses | $94M |
| Cost & Expenses | $136M |
| OPERATING INCOME | $107M |
| Interest Income | $233M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $107M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $8M |
| EBIT | $107M |
| EBITDA | $114M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $243M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $200M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $49M |
| SG&A Expenses | $54M |
| Other Expenses | $39M |
| Operating Expenses | $94M |
| Cost & Expenses | $136M |
| OPERATING INCOME | $107M |
| Interest Income | $233M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $107M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $8M |
| EBIT | $107M |
| EBITDA | $114M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $106M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $113M |
| Other Investing Activities | -$258M |
| NET CASH FROM INVESTING | -$173M |
| Net Debt Issuance | $550M |
| Common Stock Repurchased | -$51M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$485M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $101M |
| Net Change in Cash | -$74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $479M |
| Short-Term Investments | $5.5B |
| Net Receivables | $70M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $143M |
| Goodwill | $39M |
| Intangible Assets | $21M |
| Long-Term Investments | $11.8B |
| Tax Assets | $156M |
| Other Non-Current Assets | $418M |
| TOTAL NON-CURRENT ASSETS | $12.6B |
| TOTAL ASSETS | $18.6B |
| Account Payables | $232M |
| Short-Term Debt | $550M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.1B |
| TOTAL CURRENT LIABILITIES | $16.9B |
| Long-Term Debt | $384M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $384M |
| TOTAL LIABILITIES | $17.3B |
| Common Stock | $22M |
| Additional Paid-In Capital | $971M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$507M |
| Accum. Other Comp. Income | -$636M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $18.6B |
| Total Debt | $934M |
| Net Debt | $455M |
