| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $71M | $71M | $54M | 0.5% | 31.6% |
| Op. Income | $41M | $44M | $36M | -6.3% | 14.0% |
| Gross Margin | 96.0% | 96.6% | 97.5% | -0.5pp | -1.4pp |
| Net Margin | 53.1% | 57.0% | 55.9% | -4.0pp | -2.8pp |
| EPS (Diluted) | $1.32 | $1.41 | $1.20 | -6.4% | 10.0% |
| Free Cash Flow | $32M | -$100M | $52M | 131.8% | -38.5% |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $16M |
| Operating Expenses | $27M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $41M |
| Interest Income | $773.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | -$72.0K |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $16M |
| EBIT | $42M |
| EBITDA | $58M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $16M |
| Operating Expenses | $27M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $41M |
| Interest Income | $773.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | -$72.0K |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $16M |
| EBIT | $42M |
| EBITDA | $58M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$196.0K |
| Change in Working Capital | -$905.0K |
| OPERATING CASH FLOW | $57M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $25M |
| Purchases of Investments | -$60M |
| Sales/Maturities of Investments | $130M |
| Other Investing Activities | -$45M |
| NET CASH FROM INVESTING | $25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$49M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$49M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $96M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $9M |
| Long-Term Investments | $240M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.1B |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $48M |
| Short-Term Debt | $0 |
| Deferred Revenue | $61M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $161M |
| Long-Term Debt | $301M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $303M |
| TOTAL LIABILITIES | $464M |
| Common Stock | $28.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$108M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $301M |
| Net Debt | $224M |
