| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $147M | $135M | $78M | 8.6% | 87.6% |
| Op. Income | $28M | $31M | $26M | -9.3% | 6.2% |
| Gross Margin | 58.2% | 63.6% | 87.6% | -5.4pp | -29.4pp |
| Net Margin | 14.8% | 18.0% | 27.3% | -3.2pp | -12.4pp |
| EPS (Diluted) | $0.70 | $0.79 | $0.90 | -11.4% | -22.2% |
| Free Cash Flow | $44M | $22M | $36M | 102.4% | 20.9% |
| Item | Amount |
|---|---|
| REVENUE | $147M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $35M |
| SG&A Expenses | $36M |
| Other Expenses | $22M |
| Operating Expenses | $58M |
| Cost & Expenses | $119M |
| OPERATING INCOME | $28M |
| Interest Income | $132M |
| Interest Expense | $57M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $5M |
| EBIT | $28M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $147M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $35M |
| SG&A Expenses | $36M |
| Other Expenses | $22M |
| Operating Expenses | $58M |
| Cost & Expenses | $119M |
| OPERATING INCOME | $28M |
| Interest Income | $132M |
| Interest Expense | $57M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $5M |
| EBIT | $28M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$696.0K |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $8M |
| Sales/Maturities of Investments | $46M |
| Other Investing Activities | -$232M |
| NET CASH FROM INVESTING | -$181M |
| Net Debt Issuance | -$537M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $315M |
| NET CASH FROM FINANCING | -$226M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | -$359M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $466M |
| Short-Term Investments | $1.5B |
| Net Receivables | $207M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $106M |
| Goodwill | $129M |
| Intangible Assets | $64M |
| Long-Term Investments | $7.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $98M |
| TOTAL NON-CURRENT ASSETS | $8.0B |
| TOTAL ASSETS | $10.2B |
| Account Payables | $0 |
| Short-Term Debt | $336M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.5B |
| TOTAL CURRENT LIABILITIES | $8.8B |
| Long-Term Debt | $203M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $138M |
| TOTAL NON-CURRENT LIABILITIES | $341M |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $154M |
| Additional Paid-In Capital | $524M |
| Retained Earnings | $472M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$153M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $998M |
| Minority Interest | $0 |
| TOTAL EQUITY | $998M |
| TOTAL LIABILITIES & EQUITY | $10.2B |
| Total Debt | $540M |
| Net Debt | $74M |
