| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $155M | $145M | $129M | 6.9% | 19.9% |
| Op. Income | $45M | $49M | $39M | -8.2% | 15.0% |
| Gross Margin | 87.2% | 88.2% | 96.6% | -1.0pp | -9.4pp |
| Net Margin | 22.3% | 25.7% | 23.2% | -3.4pp | -0.9pp |
| EPS (Diluted) | $0.27 | $0.29 | $0.24 | -6.9% | 12.5% |
| Free Cash Flow | $62M | $81M | $54M | -23.8% | 13.9% |
| Item | Amount |
|---|---|
| REVENUE | $155M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $52M |
| SG&A Expenses | $54M |
| Other Expenses | $36M |
| Operating Expenses | $90M |
| Cost & Expenses | $110M |
| OPERATING INCOME | $45M |
| Interest Income | $127M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $3M |
| EBIT | $45M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $155M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $52M |
| SG&A Expenses | $54M |
| Other Expenses | $36M |
| Operating Expenses | $90M |
| Cost & Expenses | $110M |
| OPERATING INCOME | $45M |
| Interest Income | $127M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $3M |
| EBIT | $45M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $65M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $52M |
| Other Investing Activities | -$204M |
| NET CASH FROM INVESTING | -$156M |
| Net Debt Issuance | $531M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$25M |
| Other Financing Activities | -$394M |
| NET CASH FROM FINANCING | $111M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $139M |
| Short-Term Investments | $1.2B |
| Net Receivables | $36M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $146M |
| Goodwill | $381M |
| Intangible Assets | $9M |
| Long-Term Investments | $11.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $501M |
| TOTAL NON-CURRENT ASSETS | $12.7B |
| TOTAL ASSETS | $14.1B |
| Account Payables | $3M |
| Short-Term Debt | $681M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.5B |
| TOTAL CURRENT LIABILITIES | $12.1B |
| Long-Term Debt | $243M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $230M |
| TOTAL NON-CURRENT LIABILITIES | $473M |
| TOTAL LIABILITIES | $12.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $642M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$171M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $14.1B |
| Total Debt | $924M |
| Net Debt | $785M |
