| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $338M | $317M | $248M | 6.7% | 36.2% |
| Op. Income | $169M | $161M | $123M | 4.9% | 36.6% |
| Gross Margin | 83.5% | 84.9% | 88.8% | -1.4pp | -5.3pp |
| Net Margin | 41.2% | 45.1% | 38.8% | -3.9pp | 2.4pp |
| EPS (Diluted) | $1.00 | $1.02 | $0.67 | -2.0% | 48.5% |
| Free Cash Flow | $0 | $0 | -$1.5B | — | 100.0% |
| Item | Amount |
|---|---|
| REVENUE | $338M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $283M |
| R&D Expenses | $46M |
| Selling & Marketing | $27M |
| General & Administrative | $41M |
| SG&A Expenses | $68M |
| Other Expenses | $0 |
| Operating Expenses | $114M |
| Cost & Expenses | $170M |
| OPERATING INCOME | $169M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $166M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $139M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $139M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $139M |
| D&A | $0 |
| EBIT | $169M |
| EBITDA | $169M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $338M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $283M |
| R&D Expenses | $46M |
| Selling & Marketing | $27M |
| General & Administrative | $41M |
| SG&A Expenses | $68M |
| Other Expenses | $0 |
| Operating Expenses | $114M |
| Cost & Expenses | $170M |
| OPERATING INCOME | $169M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $166M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $139M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $139M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $139M |
| D&A | $0 |
| EBIT | $169M |
| EBITDA | $169M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $139M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$148M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $200M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $675M |
| Short-Term Investments | $368M |
| Net Receivables | $5.5B |
| Inventory | $0 |
| Other Current Assets | $5.6B |
| TOTAL CURRENT ASSETS | $12.1B |
| PP&E (Net) | $22M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $31M |
| Tax Assets | $0 |
| Other Non-Current Assets | $137M |
| TOTAL NON-CURRENT ASSETS | $190M |
| TOTAL ASSETS | $12.3B |
| Account Payables | $8.4B |
| Short-Term Debt | $644M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9.3B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $9.3B |
| Common Stock | $12.4K |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $1.3B |
| Treasury Stock | -$664M |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $613.6K |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $12.3B |
| Total Debt | $667M |
| Net Debt | -$8M |
