| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $184M | $176M | $153M | 4.6% | 20.1% |
| Op. Income | $66M | $66M | $63M | 0.2% | 5.4% |
| Gross Margin | 78.1% | 81.0% | 90.0% | -2.9pp | -11.9pp |
| Net Margin | 24.4% | 25.1% | 27.4% | -0.7pp | -3.0pp |
| EPS (Diluted) | $0.93 | $0.93 | $0.87 | 0.0% | 6.9% |
| Free Cash Flow | $85M | $43M | $18M | 99.1% | 360.7% |
| Item | Amount |
|---|---|
| REVENUE | $184M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $144M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $41M |
| SG&A Expenses | $43M |
| Other Expenses | $35M |
| Operating Expenses | $78M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $66M |
| Interest Income | $166M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $7M |
| EBIT | $66M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $184M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $144M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $41M |
| SG&A Expenses | $43M |
| Other Expenses | $35M |
| Operating Expenses | $78M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $66M |
| Interest Income | $166M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $7M |
| EBIT | $66M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $89M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$447M |
| Sales/Maturities of Investments | $50M |
| Other Investing Activities | -$172M |
| NET CASH FROM INVESTING | -$573M |
| Net Debt Issuance | $225M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $218M |
| FREE CASH FLOW | $85M |
| Net Change in Cash | -$266M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $533M |
| Short-Term Investments | $1.5B |
| Net Receivables | $68M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $123M |
| Goodwill | $84M |
| Intangible Assets | $73M |
| Long-Term Investments | $7.7B |
| Tax Assets | $11M |
| Other Non-Current Assets | $93M |
| TOTAL NON-CURRENT ASSETS | $8.1B |
| TOTAL ASSETS | $10.3B |
| Account Payables | $0 |
| Short-Term Debt | $151M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.5B |
| TOTAL CURRENT LIABILITIES | $8.7B |
| Long-Term Debt | $301M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $146M |
| TOTAL NON-CURRENT LIABILITIES | $469M |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $60M |
| Additional Paid-In Capital | $637M |
| Retained Earnings | $607M |
| Treasury Stock | -$228M |
| Accum. Other Comp. Income | $19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $10.3B |
| Total Debt | $474M |
| Net Debt | -$59M |
