| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $177M | $152M | $136M | 16.3% | 30.1% |
| Op. Income | $32M | $39M | $50M | -18.1% | -37.2% |
| Gross Margin | 69.0% | 76.9% | 93.2% | -7.9pp | -24.2pp |
| Net Margin | 13.9% | 19.8% | 28.7% | -5.9pp | -14.8pp |
| EPS (Diluted) | $0.54 | $0.70 | $0.90 | -22.9% | -40.0% |
| Free Cash Flow | $51M | $44M | $47M | 16.7% | 9.0% |
| Item | Amount |
|---|---|
| REVENUE | $177M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $122M |
| R&D Expenses | $0 |
| Selling & Marketing | $667.0K |
| General & Administrative | $51M |
| SG&A Expenses | $52M |
| Other Expenses | $39M |
| Operating Expenses | $90M |
| Cost & Expenses | $145M |
| OPERATING INCOME | $32M |
| Interest Income | $137M |
| Interest Expense | $42M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $6M |
| EBIT | $32M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $177M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $122M |
| R&D Expenses | $0 |
| Selling & Marketing | $667.0K |
| General & Administrative | $51M |
| SG&A Expenses | $52M |
| Other Expenses | $39M |
| Operating Expenses | $90M |
| Cost & Expenses | $145M |
| OPERATING INCOME | $32M |
| Interest Income | $137M |
| Interest Expense | $42M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $6M |
| EBIT | $32M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $825.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $47M |
| Purchases of Investments | -$31M |
| Sales/Maturities of Investments | $183M |
| Other Investing Activities | -$128M |
| NET CASH FROM INVESTING | $67M |
| Net Debt Issuance | -$196M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $562M |
| NET CASH FROM FINANCING | $350M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | $471M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $673M |
| Short-Term Investments | $1.4B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $83M |
| Goodwill | $360M |
| Intangible Assets | $43M |
| Long-Term Investments | $10.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $763M |
| TOTAL NON-CURRENT ASSETS | $11.8B |
| TOTAL ASSETS | $13.8B |
| Account Payables | $0 |
| Short-Term Debt | $490M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.4B |
| TOTAL CURRENT LIABILITIES | $11.9B |
| Long-Term Debt | $250M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $323M |
| TOTAL NON-CURRENT LIABILITIES | $573M |
| TOTAL LIABILITIES | $12.5B |
| Common Stock | $540.0K |
| Additional Paid-In Capital | $741M |
| Retained Earnings | $1.0B |
| Treasury Stock | -$177M |
| Accum. Other Comp. Income | -$208M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $13.8B |
| Total Debt | $741M |
| Net Debt | $68M |
