| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $198M | $196M | $108M | 0.9% | 83.8% |
| Op. Income | $40M | $41M | $38M | -2.3% | 5.6% |
| Gross Margin | 68.0% | 76.2% | 91.8% | -8.2pp | -23.8pp |
| Net Margin | 15.9% | 16.0% | 27.2% | -0.1pp | -11.3pp |
| EPS (Diluted) | $0.37 | $0.37 | $0.47 | 0.0% | -21.3% |
| Free Cash Flow | $62M | $42M | $40M | 47.1% | 55.4% |
| Item | Amount |
|---|---|
| REVENUE | $198M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $134M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $56M |
| SG&A Expenses | $58M |
| Other Expenses | $36M |
| Operating Expenses | $94M |
| Cost & Expenses | $157M |
| OPERATING INCOME | $40M |
| Interest Income | $180M |
| Interest Expense | $61M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $9M |
| 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 | -$343.0K |
| EBIT | $40M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $198M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $134M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $56M |
| SG&A Expenses | $58M |
| Other Expenses | $36M |
| Operating Expenses | $94M |
| Cost & Expenses | $157M |
| OPERATING INCOME | $40M |
| Interest Income | $180M |
| Interest Expense | $61M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $9M |
| 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 | -$343.0K |
| EBIT | $40M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | -$343.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$838.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $63M |
| Other Investing Activities | $103M |
| NET CASH FROM INVESTING | $159M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$189M |
| NET CASH FROM FINANCING | -$254M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | -$32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $700M |
| Short-Term Investments | $1.8B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $116M |
| Goodwill | $732M |
| Intangible Assets | $102M |
| Long-Term Investments | $10.6B |
| Tax Assets | $132M |
| Other Non-Current Assets | $643M |
| TOTAL NON-CURRENT ASSETS | $12.3B |
| TOTAL ASSETS | $14.8B |
| Account Payables | $0 |
| Short-Term Debt | $276M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.1B |
| TOTAL CURRENT LIABILITIES | $12.4B |
| Long-Term Debt | $216M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $174M |
| TOTAL NON-CURRENT LIABILITIES | $390M |
| TOTAL LIABILITIES | $12.8B |
| Common Stock | $9M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $453M |
| Treasury Stock | -$14M |
| Accum. Other Comp. Income | -$212M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $14.8B |
| Total Debt | $493M |
| Net Debt | -$208M |
