| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $300M | $301M | $337M | -0.4% | -10.8% |
| Op. Income | $15M | $18M | $50M | -16.9% | -70.5% |
| Gross Margin | 55.2% | 58.1% | 75.4% | -2.9pp | -20.2pp |
| Net Margin | 3.4% | 4.5% | 54.1% | -1.2pp | -50.7pp |
| EPS (Diluted) | $0.09 | $0.13 | $1.73 | -27.9% | -94.6% |
| Free Cash Flow | -$107M | $98M | $175M | -209.3% | -161.1% |
| Item | Amount |
|---|---|
| REVENUE | $300M |
| Cost of Revenue | $134M |
| GROSS PROFIT | $166M |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $72M |
| SG&A Expenses | $95M |
| Other Expenses | $56M |
| Operating Expenses | $151M |
| Cost & Expenses | $286M |
| OPERATING INCOME | $15M |
| Interest Income | $214M |
| Interest Expense | $68M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $12M |
| EBIT | $15M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $300M |
| Cost of Revenue | $134M |
| GROSS PROFIT | $166M |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $72M |
| SG&A Expenses | $95M |
| Other Expenses | $56M |
| Operating Expenses | $151M |
| Cost & Expenses | $286M |
| OPERATING INCOME | $15M |
| Interest Income | $214M |
| Interest Expense | $68M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $12M |
| EBIT | $15M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $44M |
| Other Non-Cash Items | -$168M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$91M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $93M |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$929.0K |
| NET CASH FROM INVESTING | $79M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$383M |
| NET CASH FROM FINANCING | -$433M |
| FREE CASH FLOW | -$107M |
| Net Change in Cash | -$446M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $524M |
| Net Receivables | $142M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $207M |
| Goodwill | $76M |
| Intangible Assets | $14M |
| Long-Term Investments | $5.8B |
| Tax Assets | $169M |
| Other Non-Current Assets | $243M |
| TOTAL NON-CURRENT ASSETS | $6.5B |
| TOTAL ASSETS | $8.3B |
| Account Payables | $61M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.8B |
| TOTAL CURRENT LIABILITIES | $6.9B |
| Long-Term Debt | $43M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $122M |
| TOTAL NON-CURRENT LIABILITIES | $233M |
| TOTAL LIABILITIES | $7.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$404M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$39M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $8.3B |
| Total Debt | $111M |
| Net Debt | -$1.1B |
