| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $152M | $145M | $132M | 5.0% | 14.8% |
| Op. Income | $39M | $43M | $49M | -10.4% | -20.5% |
| Gross Margin | 76.9% | 84.1% | 93.7% | -7.2pp | -16.8pp |
| Net Margin | 19.8% | 23.3% | 28.5% | -3.5pp | -8.7pp |
| EPS (Diluted) | $0.70 | $0.78 | $0.88 | -10.3% | -20.5% |
| Free Cash Flow | $44M | $20M | $68M | 114.3% | -35.3% |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $117M |
| R&D Expenses | $0 |
| Selling & Marketing | $525.0K |
| General & Administrative | $48M |
| SG&A Expenses | $49M |
| Other Expenses | $29M |
| Operating Expenses | $78M |
| Cost & Expenses | $113M |
| OPERATING INCOME | $39M |
| Interest Income | $121M |
| Interest Expense | $32M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $5M |
| EBIT | $39M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $117M |
| R&D Expenses | $0 |
| Selling & Marketing | $525.0K |
| General & Administrative | $48M |
| SG&A Expenses | $49M |
| Other Expenses | $29M |
| Operating Expenses | $78M |
| Cost & Expenses | $113M |
| OPERATING INCOME | $39M |
| Interest Income | $121M |
| Interest Expense | $32M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $5M |
| EBIT | $39M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $847.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$41M |
| Sales/Maturities of Investments | $66M |
| Other Investing Activities | -$104M |
| NET CASH FROM INVESTING | -$83M |
| Net Debt Issuance | $177M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$151M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $202M |
| Short-Term Investments | $1.5B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $67M |
| Goodwill | $281M |
| Intangible Assets | $6M |
| Long-Term Investments | $9.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $674M |
| TOTAL NON-CURRENT ASSETS | $10.2B |
| TOTAL ASSETS | $11.9B |
| Account Payables | $0 |
| Short-Term Debt | $652M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.5B |
| TOTAL CURRENT LIABILITIES | $10.2B |
| Long-Term Debt | $228M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $270M |
| TOTAL NON-CURRENT LIABILITIES | $498M |
| TOTAL LIABILITIES | $10.7B |
| Common Stock | $497.0K |
| Additional Paid-In Capital | $578M |
| Retained Earnings | $997M |
| Treasury Stock | -$175M |
| Accum. Other Comp. Income | -$190M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $11.9B |
| Total Debt | $881M |
| Net Debt | $679M |
