| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $121M | $112M | $100M | 8.0% | 21.1% |
| Op. Income | $45M | $42M | $44M | 5.7% | 2.9% |
| Gross Margin | 85.6% | 91.7% | 99.5% | -6.1pp | -13.9pp |
| Net Margin | 29.6% | 30.4% | 34.9% | -0.8pp | -5.3pp |
| EPS (Diluted) | $0.38 | $0.36 | $0.37 | 5.6% | 2.7% |
| Free Cash Flow | $40M | $48M | $41M | -16.9% | -3.6% |
| Item | Amount |
|---|---|
| REVENUE | $121M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $103M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | $35M |
| Operating Expenses | $58M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $45M |
| Interest Income | $96M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $3M |
| EBIT | $45M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $121M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $103M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | $35M |
| Operating Expenses | $58M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $45M |
| Interest Income | $96M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $3M |
| EBIT | $45M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $41M |
| Other Investing Activities | -$299M |
| NET CASH FROM INVESTING | -$260M |
| Net Debt Issuance | $274M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$72M |
| NET CASH FROM FINANCING | $191M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $154M |
| Short-Term Investments | $763M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $917M |
| PP&E (Net) | $115M |
| Goodwill | $303M |
| Intangible Assets | $9M |
| Long-Term Investments | $8.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $422M |
| TOTAL NON-CURRENT ASSETS | $8.9B |
| TOTAL ASSETS | $9.8B |
| Account Payables | $0 |
| Short-Term Debt | $373M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.0B |
| TOTAL CURRENT LIABILITIES | $8.4B |
| Long-Term Debt | $176M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $194M |
| TOTAL NON-CURRENT LIABILITIES | $375M |
| TOTAL LIABILITIES | $8.8B |
| Common Stock | $114M |
| Additional Paid-In Capital | $497M |
| Retained Earnings | $775M |
| Treasury Stock | -$196M |
| Accum. Other Comp. Income | -$138M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $9.8B |
| Total Debt | $554M |
| Net Debt | $400M |
