| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $216M | $192M | $133M | 12.2% | 62.0% |
| Op. Income | $43M | $19M | $44M | 125.4% | -3.7% |
| Gross Margin | 53.0% | 48.9% | 65.4% | 4.2pp | -12.4pp |
| Net Margin | 18.4% | 9.1% | 32.2% | 9.3pp | -13.7pp |
| EPS (Diluted) | $0.88 | $0.39 | $0.96 | 125.6% | -8.3% |
| Free Cash Flow | $147M | $130M | $13M | 12.9% | 1006.0% |
| Item | Amount |
|---|---|
| REVENUE | $216M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $47M |
| SG&A Expenses | $51M |
| Other Expenses | $21M |
| Operating Expenses | $72M |
| Cost & Expenses | $173M |
| OPERATING INCOME | $43M |
| Interest Income | $181M |
| Interest Expense | $91M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $5M |
| EBIT | $43M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $216M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $47M |
| SG&A Expenses | $51M |
| Other Expenses | $21M |
| Operating Expenses | $72M |
| Cost & Expenses | $173M |
| OPERATING INCOME | $43M |
| Interest Income | $181M |
| Interest Expense | $91M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $5M |
| EBIT | $43M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $40M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $218.0K |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $102M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $155M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $37M |
| Other Investing Activities | -$550M |
| NET CASH FROM INVESTING | -$549M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $124M |
| NET CASH FROM FINANCING | $120M |
| FREE CASH FLOW | $147M |
| Net Change in Cash | -$273M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $539M |
| Short-Term Investments | $1.1B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $258M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $400M |
| TOTAL NON-CURRENT ASSETS | $9.3B |
| TOTAL ASSETS | $11.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.0B |
| TOTAL CURRENT LIABILITIES | $10.0B |
| Long-Term Debt | $26M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $71M |
| TOTAL NON-CURRENT LIABILITIES | $96M |
| TOTAL LIABILITIES | $10.1B |
| Common Stock | $341M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $628M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$118M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $850M |
| Minority Interest | $0 |
| TOTAL EQUITY | $850M |
| TOTAL LIABILITIES & EQUITY | $11.0B |
| Total Debt | $26M |
| Net Debt | -$513M |
