| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $337M | $305M | $280M | 10.5% | 20.1% |
| Op. Income | $175M | $173M | $161M | 0.8% | 8.5% |
| Gross Margin | 84.4% | 93.8% | 96.8% | -9.4pp | -12.4pp |
| Net Margin | 41.0% | 44.6% | 45.2% | -3.6pp | -4.3pp |
| EPS (Diluted) | $1.51 | $1.49 | $1.38 | 1.3% | 9.4% |
| Free Cash Flow | -$9M | $186M | $71M | -104.6% | -112.2% |
| Item | Amount |
|---|---|
| REVENUE | $337M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $284M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $87M |
| SG&A Expenses | $90M |
| Other Expenses | $20M |
| Operating Expenses | $110M |
| Cost & Expenses | $162M |
| OPERATING INCOME | $175M |
| Interest Income | $309M |
| Interest Expense | $52M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $138M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $138M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $138M |
| D&A | $7M |
| EBIT | $175M |
| EBITDA | $182M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $337M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $284M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $87M |
| SG&A Expenses | $90M |
| Other Expenses | $20M |
| Operating Expenses | $110M |
| Cost & Expenses | $162M |
| OPERATING INCOME | $175M |
| Interest Income | $309M |
| Interest Expense | $52M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $138M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $138M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $138M |
| D&A | $7M |
| EBIT | $175M |
| EBITDA | $182M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $138M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$163M |
| OPERATING CASH FLOW | -$478.0K |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.2B |
| Sales/Maturities of Investments | $2.5B |
| Other Investing Activities | -$329M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $685M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$50M |
| Other Financing Activities | -$793M |
| NET CASH FROM FINANCING | -$158M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | -$178M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $424M |
| Short-Term Investments | $457M |
| Net Receivables | $88M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $969M |
| PP&E (Net) | $339M |
| Goodwill | $3.2B |
| Intangible Assets | $51M |
| Long-Term Investments | $32.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $521M |
| TOTAL NON-CURRENT ASSETS | $36.7B |
| TOTAL ASSETS | $37.7B |
| Account Payables | $4M |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28.5B |
| TOTAL CURRENT LIABILITIES | $30.8B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.7B |
| TOTAL NON-CURRENT LIABILITIES | $174M |
| TOTAL LIABILITIES | $31.0B |
| Common Stock | $91M |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $3.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.7B |
| TOTAL LIABILITIES & EQUITY | $37.7B |
| Total Debt | $4.1B |
| Net Debt | $3.7B |
