| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $250M | $248M | $249M | 0.8% | 0.4% |
| Op. Income | -$33M | -$12M | -$12M | -175.0% | -180.9% |
| Gross Margin | 74.8% | 74.2% | 42.3% | 0.6pp | 32.5pp |
| Net Margin | 71.2% | 127.0% | 155.3% | -55.8pp | -84.1pp |
| EPS (Diluted) | $1.17 | $2.05 | $2.11 | -42.9% | -44.5% |
| Free Cash Flow | -$20M | -$132M | -$176M | 84.8% | 88.6% |
| Item | Amount |
|---|---|
| REVENUE | $250M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $187M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $111M |
| SG&A Expenses | $115M |
| Other Expenses | $105M |
| Operating Expenses | $220M |
| Cost & Expenses | $283M |
| OPERATING INCOME | -$33M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | $265M |
| INCOME BEFORE TAX | $232M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $178M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $178M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $178M |
| D&A | $67M |
| EBIT | $5M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $178M |
| Depreciation & Amortization | $67M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $38M |
| Other Non-Cash Items | -$267M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $432M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $410M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$241M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$248M |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | $166M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $375M |
| Short-Term Investments | $0 |
| Net Receivables | $201M |
| Inventory | $0 |
| Other Current Assets | $84M |
| TOTAL CURRENT ASSETS | $660M |
| PP&E (Net) | $1.0B |
| Goodwill | $755M |
| Intangible Assets | $1.1B |
| Long-Term Investments | $11.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $180M |
| TOTAL NON-CURRENT ASSETS | $14.5B |
| TOTAL ASSETS | $15.1B |
| Account Payables | $0 |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $20M |
| Other Current Liabilities | $279M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $63M |
| Deferred Tax Liabilities | $2.0B |
| Other Non-Current Liabilities | $352M |
| TOTAL NON-CURRENT LIABILITIES | $5.0B |
| TOTAL LIABILITIES | $6.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | $5.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.5B |
| Minority Interest | $18M |
| TOTAL EQUITY | $8.5B |
| TOTAL LIABILITIES & EQUITY | $15.1B |
| Total Debt | $3.9B |
| Net Debt | $3.5B |
