| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $388M | $378M | $296M | 2.6% | 31.0% |
| Op. Income | $88M | $55M | $45M | 60.5% | 97.3% |
| Gross Margin | 98.4% | 98.7% | 98.6% | -0.3pp | -0.2pp |
| Net Margin | 17.7% | -4.5% | 7.6% | 22.1pp | 10.1pp |
| EPS (Diluted) | $0.69 | $-0.18 | $0.23 | 483.3% | 200.0% |
| Free Cash Flow | $101M | $129M | $56M | -22.3% | 79.1% |
| Item | Amount |
|---|---|
| REVENUE | $388M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $382M |
| R&D Expenses | $108M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $186M |
| Other Expenses | $0 |
| Operating Expenses | $294M |
| Cost & Expenses | $300M |
| OPERATING INCOME | $88M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $4M |
| EBIT | $99M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $388M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $382M |
| R&D Expenses | $108M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $186M |
| Other Expenses | $0 |
| Operating Expenses | $294M |
| Cost & Expenses | $300M |
| OPERATING INCOME | $88M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $4M |
| EBIT | $99M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $69M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $99M |
| Capital Expenditure | $2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$134M |
| Sales/Maturities of Investments | $71M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | $101M |
| Net Change in Cash | $49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $212M |
| Short-Term Investments | $587M |
| Net Receivables | $301M |
| Inventory | $37M |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $151M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $458M |
| Tax Assets | $319M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $938M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $0 |
| Short-Term Debt | $169M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $316M |
| TOTAL CURRENT LIABILITIES | $485M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $114M |
| TOTAL LIABILITIES | $599M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | -$496M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $266M |
| Net Debt | $54M |
