| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $255M | $249M | $220M | 2.5% | 15.7% |
| Op. Income | $74M | $97M | $82M | -24.4% | -10.0% |
| Gross Margin | 79.9% | 89.1% | 94.6% | -9.1pp | -14.6pp |
| Net Margin | 24.0% | 32.0% | 30.8% | -8.0pp | -6.8pp |
| EPS (Diluted) | $0.55 | $0.72 | $0.61 | -23.6% | -9.8% |
| Free Cash Flow | $90M | $114M | $74M | -20.7% | 20.8% |
| Item | Amount |
|---|---|
| REVENUE | $255M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $204M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $88M |
| SG&A Expenses | $92M |
| Other Expenses | $38M |
| Operating Expenses | $130M |
| Cost & Expenses | $181M |
| OPERATING INCOME | $74M |
| Interest Income | $232M |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $9M |
| EBIT | $74M |
| EBITDA | $83M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $255M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $204M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $88M |
| SG&A Expenses | $92M |
| Other Expenses | $38M |
| Operating Expenses | $130M |
| Cost & Expenses | $181M |
| OPERATING INCOME | $74M |
| Interest Income | $232M |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $9M |
| EBIT | $74M |
| EBITDA | $83M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $47M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $98M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$507M |
| Sales/Maturities of Investments | $793M |
| Other Investing Activities | -$307M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $1.3B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$292.0K |
| Other Financing Activities | -$214M |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | $90M |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $5.2B |
| Net Receivables | $91M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.8B |
| PP&E (Net) | $400M |
| Goodwill | $985M |
| Intangible Assets | $39M |
| Long-Term Investments | $19.0B |
| Tax Assets | $172M |
| Other Non-Current Assets | $353M |
| TOTAL NON-CURRENT ASSETS | $21.0B |
| TOTAL ASSETS | $27.8B |
| Account Payables | $9M |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.1B |
| TOTAL CURRENT LIABILITIES | $21.3B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $243M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $24.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $992M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$410M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $27.8B |
| Total Debt | $4.5B |
| Net Debt | $2.9B |
