| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $193M | $169M | $142M | 13.9% | 35.8% |
| Op. Income | $74M | $43M | $62M | 71.6% | 18.9% |
| Gross Margin | 88.1% | 82.7% | 93.8% | 5.3pp | -5.7pp |
| Net Margin | 33.0% | 23.0% | 37.1% | 10.0pp | -4.1pp |
| EPS (Diluted) | $1.08 | $0.63 | $0.98 | 71.4% | 10.2% |
| Free Cash Flow | $50M | $45M | $66M | 10.7% | -25.3% |
| Item | Amount |
|---|---|
| REVENUE | $193M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $170M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $59M |
| SG&A Expenses | $61M |
| Other Expenses | $35M |
| Operating Expenses | $96M |
| Cost & Expenses | $119M |
| OPERATING INCOME | $74M |
| Interest Income | $163M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $10M |
| 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 | $63M |
| D&A | $3M |
| EBIT | $74M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $193M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $170M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $59M |
| SG&A Expenses | $61M |
| Other Expenses | $35M |
| Operating Expenses | $96M |
| Cost & Expenses | $119M |
| OPERATING INCOME | $74M |
| Interest Income | $163M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $10M |
| 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 | $63M |
| D&A | $3M |
| EBIT | $74M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $64M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$22M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$140M |
| Sales/Maturities of Investments | $307M |
| Other Investing Activities | -$292M |
| NET CASH FROM INVESTING | -$126M |
| Net Debt Issuance | $138M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$136M |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $50M |
| Net Change in Cash | -$93M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $299M |
| Short-Term Investments | $2.0B |
| Net Receivables | $72M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $116M |
| Goodwill | $713M |
| Intangible Assets | $38M |
| Long-Term Investments | $13.8B |
| Tax Assets | $142M |
| Other Non-Current Assets | $596M |
| TOTAL NON-CURRENT ASSETS | $15.4B |
| TOTAL ASSETS | $17.7B |
| Account Payables | $5M |
| Short-Term Debt | $379M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.4B |
| TOTAL CURRENT LIABILITIES | $14.8B |
| Long-Term Debt | $795M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $198M |
| TOTAL NON-CURRENT LIABILITIES | $993M |
| TOTAL LIABILITIES | $15.8B |
| Common Stock | $7M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $962M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$314M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $17.7B |
| Total Debt | $1.2B |
| Net Debt | $875M |
