| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $156M | $146M | $136M | 6.4% | 14.5% |
| Op. Income | $63M | $64M | $72M | -2.5% | -13.5% |
| Gross Margin | 75.1% | 80.8% | 93.7% | -5.7pp | -18.6pp |
| Net Margin | 32.7% | 36.0% | 44.5% | -3.3pp | -11.8pp |
| EPS (Diluted) | $0.36 | $0.37 | $0.42 | -2.7% | -14.3% |
| Free Cash Flow | $54M | $90M | $70M | -39.2% | -21.7% |
| Item | Amount |
|---|---|
| REVENUE | $156M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $117M |
| R&D Expenses | $0 |
| Selling & Marketing | $889.0K |
| General & Administrative | $34M |
| SG&A Expenses | $35M |
| Other Expenses | $19M |
| Operating Expenses | $54M |
| Cost & Expenses | $93M |
| OPERATING INCOME | $63M |
| Interest Income | $129M |
| Interest Expense | $33M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $3M |
| EBIT | $63M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $156M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $117M |
| R&D Expenses | $0 |
| Selling & Marketing | $889.0K |
| General & Administrative | $34M |
| SG&A Expenses | $35M |
| Other Expenses | $19M |
| Operating Expenses | $54M |
| Cost & Expenses | $93M |
| OPERATING INCOME | $63M |
| Interest Income | $129M |
| Interest Expense | $33M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $3M |
| EBIT | $63M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $21M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $57M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$24.0K |
| Sales/Maturities of Investments | $178M |
| Other Investing Activities | -$202M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$45M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$24M |
| Other Financing Activities | -$129M |
| NET CASH FROM FINANCING | -$198M |
| FREE CASH FLOW | $54M |
| Net Change in Cash | -$167M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $279M |
| Short-Term Investments | $5.1B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.3B |
| PP&E (Net) | $153M |
| Goodwill | $0 |
| Intangible Assets | $315M |
| Long-Term Investments | $6.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $302M |
| TOTAL NON-CURRENT ASSETS | $7.5B |
| TOTAL ASSETS | $12.8B |
| Account Payables | $0 |
| Short-Term Debt | $567M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.8B |
| TOTAL CURRENT LIABILITIES | $11.4B |
| Long-Term Debt | $21M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $63M |
| TOTAL NON-CURRENT LIABILITIES | $84M |
| TOTAL LIABILITIES | $11.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $681M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | -$490M |
| Other Equity | $11M |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $12.8B |
| Total Debt | $588M |
| Net Debt | $309M |
