| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $152M | $147M | $103M | 3.9% | 47.6% |
| Op. Income | $30M | $28M | $19M | 8.4% | 57.7% |
| Gross Margin | 57.4% | 58.2% | 71.3% | -0.7pp | -13.8pp |
| Net Margin | 16.0% | 14.8% | 15.7% | 1.1pp | 0.2pp |
| EPS (Diluted) | $0.79 | $0.70 | $0.57 | 12.9% | 38.6% |
| Free Cash Flow | $17M | $44M | $38M | -61.3% | -54.9% |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $35M |
| SG&A Expenses | $36M |
| Other Expenses | $21M |
| Operating Expenses | $57M |
| Cost & Expenses | $122M |
| OPERATING INCOME | $30M |
| Interest Income | $135M |
| Interest Expense | $61M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $30M |
| 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 | $4M |
| EBIT | $30M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $35M |
| SG&A Expenses | $36M |
| Other Expenses | $21M |
| Operating Expenses | $57M |
| Cost & Expenses | $122M |
| OPERATING INCOME | $30M |
| Interest Income | $135M |
| Interest Expense | $61M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $30M |
| 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 | $4M |
| EBIT | $30M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $596.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$910.0K |
| Sales/Maturities of Investments | $217M |
| Other Investing Activities | $57M |
| NET CASH FROM INVESTING | $265M |
| Net Debt Issuance | -$330M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$116M |
| NET CASH FROM FINANCING | -$451M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$161M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $305M |
| Short-Term Investments | $1.3B |
| Net Receivables | $226M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $112M |
| Goodwill | $129M |
| Intangible Assets | $62M |
| Long-Term Investments | $7.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $104M |
| TOTAL NON-CURRENT ASSETS | $7.9B |
| TOTAL ASSETS | $9.7B |
| Account Payables | $0 |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.4B |
| TOTAL CURRENT LIABILITIES | $8.4B |
| Long-Term Debt | $203M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $151M |
| TOTAL NON-CURRENT LIABILITIES | $354M |
| TOTAL LIABILITIES | $8.7B |
| Common Stock | $155M |
| Additional Paid-In Capital | $525M |
| Retained Earnings | $492M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$173M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $999M |
| Minority Interest | $0 |
| TOTAL EQUITY | $999M |
| TOTAL LIABILITIES & EQUITY | $9.7B |
| Total Debt | $209M |
| Net Debt | -$96M |
