| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $135M | $123M | $73M | 9.6% | 84.4% |
| Op. Income | $31M | $36M | $26M | -15.8% | 17.8% |
| Gross Margin | 63.6% | 74.7% | 92.6% | -11.1pp | -29.0pp |
| Net Margin | 18.0% | 23.9% | 28.2% | -5.9pp | -10.2pp |
| EPS (Diluted) | $0.79 | $0.95 | $0.87 | -16.8% | -9.2% |
| Free Cash Flow | $22M | $49M | $14M | -55.5% | 56.8% |
| Item | Amount |
|---|---|
| REVENUE | $135M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $86M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $34M |
| SG&A Expenses | $35M |
| Other Expenses | $20M |
| Operating Expenses | $55M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $31M |
| Interest Income | $120M |
| Interest Expense | $43M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $5M |
| EBIT | $31M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $135M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $86M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $34M |
| SG&A Expenses | $35M |
| Other Expenses | $20M |
| Operating Expenses | $55M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $31M |
| Interest Income | $120M |
| Interest Expense | $43M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $5M |
| EBIT | $31M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $77M |
| Other Investing Activities | -$277M |
| NET CASH FROM INVESTING | -$217M |
| Net Debt Issuance | $282M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $378M |
| NET CASH FROM FINANCING | $655M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $466M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $825M |
| Short-Term Investments | $1.6B |
| Net Receivables | $197M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $104M |
| Goodwill | $129M |
| Intangible Assets | $66M |
| Long-Term Investments | $7.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $116M |
| TOTAL NON-CURRENT ASSETS | $7.7B |
| TOTAL ASSETS | $10.4B |
| Account Payables | $0 |
| Short-Term Debt | $869M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.2B |
| TOTAL CURRENT LIABILITIES | $9.2B |
| Long-Term Debt | $209M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $209M |
| TOTAL LIABILITIES | $9.4B |
| Common Stock | $154M |
| Additional Paid-In Capital | $522M |
| Retained Earnings | $455M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$138M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $993M |
| Minority Interest | $0 |
| TOTAL EQUITY | $993M |
| TOTAL LIABILITIES & EQUITY | $10.4B |
| Total Debt | $1.1B |
| Net Debt | $252M |
