| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $231M | $215M | $135M | 7.6% | 70.9% |
| Op. Income | $75M | $83M | $56M | -9.6% | 35.0% |
| Gross Margin | 73.1% | 80.5% | 94.6% | -7.4pp | -21.6pp |
| Net Margin | 27.7% | 32.9% | 35.9% | -5.2pp | -8.2pp |
| EPS (Diluted) | $1.07 | $1.18 | $0.91 | -9.3% | 17.6% |
| Free Cash Flow | $88M | $123M | $50M | -29.0% | 74.4% |
| Item | Amount |
|---|---|
| REVENUE | $231M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $169M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $59M |
| SG&A Expenses | $60M |
| Other Expenses | $34M |
| Operating Expenses | $94M |
| Cost & Expenses | $156M |
| OPERATING INCOME | $75M |
| Interest Income | $206M |
| Interest Expense | $62M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $3M |
| EBIT | $75M |
| EBITDA | $78M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $231M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $169M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $59M |
| SG&A Expenses | $60M |
| Other Expenses | $34M |
| Operating Expenses | $94M |
| Cost & Expenses | $156M |
| OPERATING INCOME | $75M |
| Interest Income | $206M |
| Interest Expense | $62M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $3M |
| EBIT | $75M |
| EBITDA | $78M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $64M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $88M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $254M |
| Other Investing Activities | -$476M |
| NET CASH FROM INVESTING | -$227M |
| Net Debt Issuance | -$160M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$19M |
| Other Financing Activities | $322M |
| NET CASH FROM FINANCING | $143M |
| FREE CASH FLOW | $88M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $479M |
| Short-Term Investments | $1.8B |
| Net Receivables | $86M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $116M |
| Goodwill | $712M |
| Intangible Assets | $34M |
| Long-Term Investments | $14.3B |
| Tax Assets | $103M |
| Other Non-Current Assets | $565M |
| TOTAL NON-CURRENT ASSETS | $15.8B |
| TOTAL ASSETS | $18.2B |
| Account Payables | $12M |
| Short-Term Debt | $179M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.7B |
| TOTAL CURRENT LIABILITIES | $14.9B |
| Long-Term Debt | $975M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $187M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $16.1B |
| Common Stock | $7M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$199M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $18.2B |
| Total Debt | $1.2B |
| Net Debt | $675M |