| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $234M | $227M | $196M | 3.0% | 19.3% |
| Op. Income | $80M | $83M | $95M | -3.2% | -15.7% |
| Gross Margin | 75.0% | 77.5% | 94.7% | -2.5pp | -19.7pp |
| Net Margin | 26.0% | 27.6% | 36.6% | -1.6pp | -10.7pp |
| EPS (Diluted) | $1.38 | $1.42 | $1.57 | -2.8% | -12.1% |
| Free Cash Flow | $78M | $88M | $132M | -11.3% | -40.4% |
| Item | Amount |
|---|---|
| REVENUE | $234M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $176M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $58M |
| SG&A Expenses | $58M |
| Other Expenses | $38M |
| Operating Expenses | $95M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $80M |
| Interest Income | $203M |
| Interest Expense | $53M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $19M |
| 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 | $80M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $234M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $176M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $58M |
| SG&A Expenses | $58M |
| Other Expenses | $38M |
| Operating Expenses | $95M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $80M |
| Interest Income | $203M |
| Interest Expense | $53M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $19M |
| 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 | $80M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$326.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $81M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $39M |
| Other Investing Activities | -$90M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | $99M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$24M |
| Other Financing Activities | -$188M |
| NET CASH FROM FINANCING | -$113M |
| FREE CASH FLOW | $78M |
| Net Change in Cash | -$88M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $220M |
| Short-Term Investments | $1.4B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $192M |
| Goodwill | $985M |
| Intangible Assets | $20M |
| Long-Term Investments | $15.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $894M |
| TOTAL NON-CURRENT ASSETS | $17.8B |
| TOTAL ASSETS | $19.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.1B |
| TOTAL CURRENT LIABILITIES | $15.1B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $423M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $16.5B |
| Common Stock | $440.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$157M |
| Other Equity | -$3M |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $19.4B |
| Total Debt | $1.0B |
| Net Debt | $780M |
