| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $198M | $176M | $163M | 12.3% | 21.0% |
| Op. Income | $47M | $65M | $67M | -27.1% | -29.8% |
| Gross Margin | 87.1% | 95.3% | 101.7% | -8.2pp | -14.6pp |
| Net Margin | 28.2% | 29.3% | 36.7% | -1.1pp | -8.6pp |
| EPS (Diluted) | $0.59 | $0.55 | $0.63 | 7.3% | -6.3% |
| Free Cash Flow | -$94M | $118M | $72M | -179.8% | -230.8% |
| Item | Amount |
|---|---|
| REVENUE | $198M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $172M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $74M |
| SG&A Expenses | $77M |
| Other Expenses | $48M |
| Operating Expenses | $125M |
| Cost & Expenses | $151M |
| OPERATING INCOME | $47M |
| Interest Income | $155M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $8M |
| EBIT | $47M |
| EBITDA | $55M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $198M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $172M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $74M |
| SG&A Expenses | $77M |
| Other Expenses | $48M |
| Operating Expenses | $125M |
| Cost & Expenses | $151M |
| OPERATING INCOME | $47M |
| Interest Income | $155M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $8M |
| EBIT | $47M |
| EBITDA | $55M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$668.0K |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$169M |
| OPERATING CASH FLOW | -$92M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$58M |
| Sales/Maturities of Investments | $265M |
| Other Investing Activities | -$522M |
| NET CASH FROM INVESTING | -$318M |
| Net Debt Issuance | $261M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$22M |
| Other Financing Activities | $63M |
| NET CASH FROM FINANCING | $303M |
| FREE CASH FLOW | -$94M |
| Net Change in Cash | -$107M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $535M |
| Short-Term Investments | $3.5B |
| Net Receivables | $176M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $274M |
| Goodwill | $998M |
| Intangible Assets | $97M |
| Long-Term Investments | $9.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $12.4B |
| TOTAL ASSETS | $16.6B |
| Account Payables | $774M |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.3B |
| TOTAL CURRENT LIABILITIES | $14.3B |
| Long-Term Debt | $353M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $355M |
| TOTAL LIABILITIES | $14.6B |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $921M |
| Treasury Stock | -$204M |
| Accum. Other Comp. Income | -$355M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $16.6B |
| Total Debt | $1.5B |
| Net Debt | $982M |
