| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $248M | $235M | $158M | 5.2% | 56.7% |
| Op. Income | $53M | $70M | $82M | -24.5% | -35.6% |
| Gross Margin | 57.2% | 65.2% | 99.6% | -8.0pp | -42.4pp |
| Net Margin | 15.8% | 22.0% | 38.4% | -6.2pp | -22.6pp |
| EPS (Diluted) | $0.33 | $0.43 | $0.50 | -23.3% | -34.0% |
| Free Cash Flow | $73M | $116M | $182M | -36.8% | -59.7% |
| Item | Amount |
|---|---|
| REVENUE | $248M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $142M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $59M |
| SG&A Expenses | $59M |
| Other Expenses | $30M |
| Operating Expenses | $89M |
| Cost & Expenses | $195M |
| OPERATING INCOME | $53M |
| Interest Income | $237M |
| Interest Expense | $103M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $0 |
| EBIT | $53M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $248M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $142M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $59M |
| SG&A Expenses | $59M |
| Other Expenses | $30M |
| Operating Expenses | $89M |
| Cost & Expenses | $195M |
| OPERATING INCOME | $53M |
| Interest Income | $237M |
| Interest Expense | $103M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $0 |
| EBIT | $53M |
| EBITDA | $53M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $38M |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $50M |
| Other Investing Activities | $268M |
| NET CASH FROM INVESTING | $305M |
| Net Debt Issuance | $1.3B |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $87M |
| NET CASH FROM FINANCING | $1.3B |
| FREE CASH FLOW | $73M |
| Net Change in Cash | $1.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $2.0B |
| Net Receivables | $57M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $101M |
| Goodwill | $464M |
| Intangible Assets | $5M |
| Long-Term Investments | $15.4B |
| Tax Assets | $139M |
| Other Non-Current Assets | $242M |
| TOTAL NON-CURRENT ASSETS | $16.3B |
| TOTAL ASSETS | $20.6B |
| Account Payables | $54M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.8B |
| TOTAL CURRENT LIABILITIES | $15.9B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $127M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $18.5B |
| Common Stock | $137.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $1.1B |
| Treasury Stock | -$265M |
| Accum. Other Comp. Income | -$214M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $20.6B |
| Total Debt | $2.5B |
| Net Debt | $288M |
