| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $264M | $246M | $155M | 7.4% | 70.3% |
| Op. Income | $88M | $79M | $51M | 10.4% | 73.1% |
| Gross Margin | 77.4% | 82.9% | 98.9% | -5.5pp | -21.5pp |
| Net Margin | 26.7% | 28.1% | 26.6% | -1.4pp | 0.0pp |
| EPS (Diluted) | $0.74 | $0.73 | $0.44 | 1.4% | 68.2% |
| Free Cash Flow | $168M | $16M | $141M | 966.7% | 19.3% |
| Item | Amount |
|---|---|
| REVENUE | $264M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $204M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $83M |
| SG&A Expenses | $85M |
| Other Expenses | $32M |
| Operating Expenses | $117M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $88M |
| Interest Income | $209M |
| Interest Expense | $49M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $8M |
| EBIT | $88M |
| EBITDA | $95M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $264M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $204M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $83M |
| SG&A Expenses | $85M |
| Other Expenses | $32M |
| Operating Expenses | $117M |
| Cost & Expenses | $176M |
| OPERATING INCOME | $88M |
| Interest Income | $209M |
| Interest Expense | $49M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $8M |
| EBIT | $88M |
| EBITDA | $95M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $88M |
| OPERATING CASH FLOW | $172M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $90M |
| Other Investing Activities | -$112M |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | -$74M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$26M |
| NET CASH FROM FINANCING | -$122M |
| FREE CASH FLOW | $168M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $505M |
| Short-Term Investments | $3.4B |
| Net Receivables | $274M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $343M |
| Goodwill | $1.0B |
| Intangible Assets | $91M |
| Long-Term Investments | $10.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $12.8B |
| TOTAL ASSETS | $16.9B |
| Account Payables | $577M |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.7B |
| TOTAL CURRENT LIABILITIES | $14.5B |
| Long-Term Debt | $341M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $343M |
| TOTAL LIABILITIES | $14.8B |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.0B |
| Treasury Stock | -$197M |
| Accum. Other Comp. Income | -$328M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $16.9B |
| Total Debt | $1.6B |
| Net Debt | $1.1B |
