| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $192M | $170M | $106M | 13.3% | 82.2% |
| Op. Income | $19M | $4M | $122M | 425.1% | -84.5% |
| Gross Margin | 48.9% | 48.0% | 76.7% | 0.9pp | -27.9pp |
| Net Margin | 9.1% | 0.2% | 91.9% | 8.9pp | -82.7pp |
| EPS (Diluted) | $0.39 | $0.01 | $2.17 | 3800.0% | -82.0% |
| Free Cash Flow | $130M | $148M | -$87M | -12.2% | 249.4% |
| Item | Amount |
|---|---|
| REVENUE | $192M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $94M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $48M |
| SG&A Expenses | $51M |
| Other Expenses | $24M |
| Operating Expenses | $75M |
| Cost & Expenses | $174M |
| OPERATING INCOME | $19M |
| Interest Income | $170M |
| Interest Expense | $85M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $5M |
| EBIT | $19M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $192M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $94M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $48M |
| SG&A Expenses | $51M |
| Other Expenses | $24M |
| Operating Expenses | $75M |
| Cost & Expenses | $174M |
| OPERATING INCOME | $19M |
| Interest Income | $170M |
| Interest Expense | $85M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $5M |
| EBIT | $19M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $98M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $136M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$32M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | -$234M |
| NET CASH FROM INVESTING | -$245M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $457M |
| NET CASH FROM FINANCING | $453M |
| FREE CASH FLOW | $130M |
| Net Change in Cash | $345M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $812M |
| Short-Term Investments | $1.1B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $269M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $364M |
| TOTAL NON-CURRENT ASSETS | $8.9B |
| TOTAL ASSETS | $10.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.9B |
| TOTAL CURRENT LIABILITIES | $9.9B |
| Long-Term Debt | $28M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $79M |
| TOTAL NON-CURRENT LIABILITIES | $108M |
| TOTAL LIABILITIES | $10.0B |
| Common Stock | $341M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $589M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$98M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $832M |
| Minority Interest | $0 |
| TOTAL EQUITY | $832M |
| TOTAL LIABILITIES & EQUITY | $10.8B |
| Total Debt | $28M |
| Net Debt | -$784M |
