| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $302M | $355M | $242M | -14.9% | 24.9% |
| Op. Income | $198M | $267M | $175M | -26.0% | 12.9% |
| Gross Margin | 70.6% | 79.3% | 78.0% | -8.7pp | -7.4pp |
| Net Margin | 63.6% | 74.8% | 72.0% | -11.3pp | -8.4pp |
| EPS (Diluted) | $0.49 | $0.67 | $0.10 | -26.9% | 390.0% |
| Free Cash Flow | $156M | $102M | -$372M | 52.7% | 141.9% |
| Item | Amount |
|---|---|
| REVENUE | $302M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $213M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $9M |
| Operating Expenses | $15M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $198M |
| Interest Income | $313M |
| Interest Expense | $89M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $198M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $192M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $192M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $192M |
| D&A | $0 |
| EBIT | $198M |
| EBITDA | $198M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $302M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $213M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $9M |
| Operating Expenses | $15M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $198M |
| Interest Income | $313M |
| Interest Expense | $89M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $198M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $192M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $192M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $192M |
| D&A | $0 |
| EBIT | $198M |
| EBITDA | $198M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $192M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$161M |
| Change in Working Capital | $126M |
| OPERATING CASH FLOW | $156M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$238M |
| Sales/Maturities of Investments | $177M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | $45M |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | -$134M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$105M |
| FREE CASH FLOW | $156M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $349M |
| Short-Term Investments | $0 |
| Net Receivables | $126M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $478M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.1B |
| TOTAL NON-CURRENT ASSETS | $13.1B |
| TOTAL ASSETS | $13.6B |
| Account Payables | $130M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $130M |
| Long-Term Debt | $7.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $291M |
| TOTAL NON-CURRENT LIABILITIES | $7.6B |
| TOTAL LIABILITIES | $7.7B |
| Common Stock | $4M |
| Additional Paid-In Capital | $6.0B |
| Retained Earnings | -$92M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.9B |
| TOTAL LIABILITIES & EQUITY | $13.6B |
| Total Debt | $7.3B |
| Net Debt | $6.9B |
