| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $554M | — | $522M | — | 6.0% |
| Op. Income | $130M | — | $70M | — | 84.8% |
| Gross Margin | 49.9% | — | 52.2% | — | -2.4pp |
| Net Margin | 22.8% | — | 11.6% | — | 11.2pp |
| EPS (Diluted) | $0.76 | — | $0.36 | — | 107.9% |
| Free Cash Flow | -$22M | — | -$72M | — | 70.0% |
| Item | Amount |
|---|---|
| REVENUE | $554M |
| Cost of Revenue | $278M |
| GROSS PROFIT | $276M |
| R&D Expenses | $46M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $165M |
| Other Expenses | -$64M |
| Operating Expenses | $147M |
| Cost & Expenses | $424M |
| OPERATING INCOME | $130M |
| Interest Income | $2M |
| Interest Expense | $4M |
| Other Income/Expenses | $26M |
| INCOME BEFORE TAX | $156M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $126M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $126M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $126M |
| D&A | $32M |
| EBIT | $159M |
| EBITDA | $192M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $554M |
| Cost of Revenue | $278M |
| GROSS PROFIT | $276M |
| R&D Expenses | $46M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $165M |
| Other Expenses | -$64M |
| Operating Expenses | $147M |
| Cost & Expenses | $424M |
| OPERATING INCOME | $130M |
| Interest Income | $2M |
| Interest Expense | $4M |
| Other Income/Expenses | $26M |
| INCOME BEFORE TAX | $156M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $126M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $126M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $126M |
| D&A | $32M |
| EBIT | $159M |
| EBITDA | $192M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $126M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $30M |
| Other Non-Cash Items | -$49M |
| Change in Working Capital | -$70M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$92M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$288M |
| Sales/Maturities of Investments | $325M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$52M |
| Net Debt Issuance | -$109M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$115M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | -$91M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $846.7K |
| Short-Term Investments | $4M |
| Net Receivables | $10M |
| Inventory | $7M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $24M |
| PP&E (Net) | $9M |
| Goodwill | $589.1K |
| Intangible Assets | $4M |
| Long-Term Investments | $709.2K |
| Tax Assets | $1M |
| Other Non-Current Assets | $244.3K |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $40M |
| Account Payables | $3M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.4K |
| Other Non-Current Liabilities | $381.5K |
| TOTAL NON-CURRENT LIABILITIES | $644.8K |
| TOTAL LIABILITIES | $13M |
| Common Stock | $111.9K |
| Additional Paid-In Capital | $1M |
| Retained Earnings | $25M |
| Treasury Stock | -$211.1K |
| Accum. Other Comp. Income | $533.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27M |
| Minority Interest | $0 |
| TOTAL EQUITY | $27M |
| TOTAL LIABILITIES & EQUITY | $40M |
| Total Debt | $3M |
| Net Debt | $2M |
