| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $99M | $65M | $87M | 50.5% | 13.1% |
| Op. Income | $59M | $28M | $67M | 113.1% | -12.4% |
| Gross Margin | 63.2% | 50.4% | 77.9% | 12.8pp | -14.7pp |
| Net Margin | 59.4% | 39.1% | 76.8% | 20.3pp | -17.4pp |
| EPS (Diluted) | $0.34 | $0.15 | $0.39 | 126.7% | -12.8% |
| Free Cash Flow | $30M | $53M | -$207M | -43.7% | 114.4% |
| Item | Amount |
|---|---|
| REVENUE | $99M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $62M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $59M |
| Interest Income | $142M |
| Interest Expense | $36M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $187.0K |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $0 |
| EBIT | $59M |
| EBITDA | $59M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $99M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $62M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $59M |
| Interest Income | $142M |
| Interest Expense | $36M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $187.0K |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $0 |
| EBIT | $59M |
| EBITDA | $59M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $59M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$27M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $30M |
| 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 | $13M |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | -$44M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$58M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $0 |
| Net Receivables | $31M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $119M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $15M |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.5B |
| TOTAL NON-CURRENT ASSETS | $5.6B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $44M |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $170.0K |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | -$161M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $3.1B |
| Net Debt | $3.0B |
