| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $132M | $129M | $98M | 3.0% | 34.4% |
| Op. Income | $27M | $32M | $34M | -16.8% | -21.0% |
| Gross Margin | 56.8% | 62.0% | 81.2% | -5.2pp | -24.4pp |
| Net Margin | 19.0% | 22.1% | 29.7% | -3.1pp | -10.8pp |
| EPS (Diluted) | $1.49 | $1.69 | $1.71 | -11.8% | -12.9% |
| Free Cash Flow | $22M | $36M | $20M | -39.4% | 8.8% |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $34M |
| SG&A Expenses | $35M |
| Other Expenses | $13M |
| Operating Expenses | $48M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $27M |
| Interest Income | $109M |
| Interest Expense | $53M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $3M |
| EBIT | $27M |
| EBITDA | $30M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $34M |
| SG&A Expenses | $35M |
| Other Expenses | $13M |
| Operating Expenses | $48M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $27M |
| Interest Income | $109M |
| Interest Expense | $53M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $3M |
| EBIT | $27M |
| EBITDA | $30M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $527.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$42M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$150M |
| NET CASH FROM INVESTING | -$186M |
| Net Debt Issuance | $294M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$112M |
| NET CASH FROM FINANCING | $181M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $165M |
| Short-Term Investments | $281M |
| Net Receivables | $33M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $479M |
| PP&E (Net) | $119M |
| Goodwill | $139M |
| Intangible Assets | $15M |
| Long-Term Investments | $7.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $397M |
| TOTAL NON-CURRENT ASSETS | $8.1B |
| TOTAL ASSETS | $8.5B |
| Account Payables | $0 |
| Short-Term Debt | $470.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.5B |
| TOTAL CURRENT LIABILITIES | $6.5B |
| Long-Term Debt | $712M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $505M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $7.7B |
| Common Stock | $17M |
| Additional Paid-In Capital | $370M |
| Retained Earnings | $523M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$81M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $828M |
| Minority Interest | $0 |
| TOTAL EQUITY | $828M |
| TOTAL LIABILITIES & EQUITY | $8.5B |
| Total Debt | $712M |
| Net Debt | $547M |
