| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $129M | $117M | $89M | 9.9% | 45.1% |
| Op. Income | $32M | $30M | $17M | 8.2% | 93.6% |
| Gross Margin | 62.0% | 65.5% | 77.4% | -3.5pp | -15.4pp |
| Net Margin | 22.1% | 23.2% | 17.2% | -1.1pp | 4.9pp |
| EPS (Diluted) | $1.69 | $1.60 | $0.87 | 5.6% | 94.3% |
| Free Cash Flow | $36M | $20M | $26M | 77.7% | 36.4% |
| Item | Amount |
|---|---|
| REVENUE | $129M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $33M |
| SG&A Expenses | $35M |
| Other Expenses | $12M |
| Operating Expenses | $47M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $32M |
| Interest Income | $98M |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $3M |
| EBIT | $32M |
| EBITDA | $35M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $129M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $33M |
| SG&A Expenses | $35M |
| Other Expenses | $12M |
| Operating Expenses | $47M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $32M |
| Interest Income | $98M |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $3M |
| EBIT | $32M |
| EBITDA | $35M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $673.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$37M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | -$111M |
| NET CASH FROM INVESTING | -$123M |
| Net Debt Issuance | $750.0K |
| Common Stock Repurchased | -$967.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $105M |
| NET CASH FROM FINANCING | $104M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $250M |
| Short-Term Investments | $306M |
| Net Receivables | $32M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $589M |
| PP&E (Net) | $118M |
| Goodwill | $139M |
| Intangible Assets | $15M |
| Long-Term Investments | $7.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $357M |
| TOTAL NON-CURRENT ASSETS | $7.6B |
| TOTAL ASSETS | $8.2B |
| Account Payables | $0 |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.6B |
| TOTAL CURRENT LIABILITIES | $6.6B |
| Long-Term Debt | $417M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $379M |
| TOTAL NON-CURRENT LIABILITIES | $795M |
| TOTAL LIABILITIES | $7.4B |
| Common Stock | $17M |
| Additional Paid-In Capital | $369M |
| Retained Earnings | $499M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$62M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $823M |
| Minority Interest | $0 |
| TOTAL EQUITY | $823M |
| TOTAL LIABILITIES & EQUITY | $8.2B |
| Total Debt | $418M |
| Net Debt | $168M |
