| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $196M | $180M | $101M | 8.5% | 94.5% |
| Op. Income | $41M | $15M | $42M | 185.3% | -0.5% |
| Gross Margin | 76.2% | 66.9% | 97.1% | 9.3pp | -20.9pp |
| Net Margin | 16.0% | 6.6% | 32.5% | 9.4pp | -16.6pp |
| EPS (Diluted) | $0.37 | $0.15 | $0.53 | 146.7% | -30.2% |
| Free Cash Flow | $42M | $7M | $42M | 480.9% | -0.2% |
| Item | Amount |
|---|---|
| REVENUE | $196M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $55M |
| SG&A Expenses | $57M |
| Other Expenses | $51M |
| Operating Expenses | $108M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $41M |
| Interest Income | $174M |
| Interest Expense | $47M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $181.0K |
| EBIT | $41M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $196M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $55M |
| SG&A Expenses | $57M |
| Other Expenses | $51M |
| Operating Expenses | $108M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $41M |
| Interest Income | $174M |
| Interest Expense | $47M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $181.0K |
| EBIT | $41M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $181.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $101M |
| Other Investing Activities | $38M |
| NET CASH FROM INVESTING | $136M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | -$45.0K |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$249M |
| NET CASH FROM FINANCING | -$244M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | -$63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $731M |
| Short-Term Investments | $1.9B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $117M |
| Goodwill | $733M |
| Intangible Assets | $110M |
| Long-Term Investments | $10.7B |
| Tax Assets | $128M |
| Other Non-Current Assets | $635M |
| TOTAL NON-CURRENT ASSETS | $12.4B |
| TOTAL ASSETS | $15.0B |
| Account Payables | $0 |
| Short-Term Debt | $290M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.3B |
| TOTAL CURRENT LIABILITIES | $12.6B |
| Long-Term Debt | $266M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $149M |
| TOTAL NON-CURRENT LIABILITIES | $414M |
| TOTAL LIABILITIES | $13.0B |
| Common Stock | $9M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $437M |
| Treasury Stock | -$14M |
| Accum. Other Comp. Income | -$187M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $15.0B |
| Total Debt | $556M |
| Net Debt | -$175M |
