| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $148M | $143M | $131M | 3.8% | 13.5% |
| Op. Income | $107M | $104M | $99M | 3.1% | 8.8% |
| Gross Margin | 96.6% | 97.8% | 102.4% | -1.2pp | -5.9pp |
| Net Margin | 56.7% | 56.3% | 58.8% | 0.4pp | -2.2pp |
| EPS (Diluted) | $1.00 | $0.95 | $0.90 | 5.3% | 11.1% |
| Free Cash Flow | $117M | $99M | $105M | 18.8% | 11.5% |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $143M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $36M |
| Operating Expenses | $36M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $107M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $107M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $3M |
| EBIT | $115M |
| EBITDA | $118M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $143M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $36M |
| Operating Expenses | $36M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $107M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $107M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $3M |
| EBIT | $115M |
| EBITDA | $118M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $84M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $22M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $121M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$128M |
| Sales/Maturities of Investments | $133M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9.0K |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $117M |
| Net Change in Cash | $103M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $174M |
| Short-Term Investments | $272M |
| Net Receivables | $99M |
| Inventory | $0 |
| Other Current Assets | -$700M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $32M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$2.2B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $2.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $397M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $257M |
| Other Non-Current Liabilities | -$654M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $971M |
| Common Stock | $870.0K |
| Additional Paid-In Capital | $981M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$117M |
| Accum. Other Comp. Income | -$214M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $397M |
| Net Debt | $223M |
