| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $384M | $292M | $254M | 31.6% | 51.0% |
| Op. Income | $404.0K | $66M | $60M | -99.4% | -99.3% |
| Gross Margin | 64.7% | 73.8% | 74.2% | -9.1pp | -9.5pp |
| Net Margin | 0.3% | 19.8% | 18.7% | -19.5pp | -18.4pp |
| EPS (Diluted) | $0.01 | $0.57 | $0.47 | -98.5% | -98.1% |
| Free Cash Flow | $29M | $17M | $21M | 68.7% | 38.3% |
| Item | Amount |
|---|---|
| REVENUE | $384M |
| Cost of Revenue | $135M |
| GROSS PROFIT | $248M |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $156M |
| Other Expenses | $62M |
| Operating Expenses | $248M |
| Cost & Expenses | $383M |
| OPERATING INCOME | $404.0K |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $998.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $998.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $998.0K |
| D&A | $37M |
| EBIT | $49M |
| EBITDA | $86M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $384M |
| Cost of Revenue | $135M |
| GROSS PROFIT | $248M |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $156M |
| Other Expenses | $62M |
| Operating Expenses | $248M |
| Cost & Expenses | $383M |
| OPERATING INCOME | $404.0K |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $998.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $998.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $998.0K |
| D&A | $37M |
| EBIT | $49M |
| EBITDA | $86M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $998.0K |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | -$35M |
| Other Non-Cash Items | $26M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | -$293M |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $253M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$81M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $280M |
| Short-Term Investments | $189M |
| Net Receivables | $496M |
| Inventory | $905M |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $702M |
| Goodwill | $1.1B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $276M |
| Tax Assets | $7M |
| Other Non-Current Assets | $69M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $87M |
| Short-Term Debt | $0 |
| Deferred Revenue | $18M |
| Other Current Liabilities | $191M |
| TOTAL CURRENT LIABILITIES | $429M |
| Long-Term Debt | $410M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $132M |
| Other Non-Current Liabilities | $98M |
| TOTAL NON-CURRENT LIABILITIES | $740M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $140.0K |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $523M |
| Net Debt | $243M |
