| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $93M | $87M | $64M | 6.5% | 43.9% |
| Op. Income | $31M | $32M | $28M | -4.3% | 8.7% |
| Gross Margin | 70.3% | 76.5% | 91.8% | -6.2pp | -21.5pp |
| Net Margin | 28.1% | 31.9% | 38.9% | -3.7pp | -10.7pp |
| EPS (Diluted) | $0.83 | $0.87 | $0.77 | -4.6% | 7.8% |
| Free Cash Flow | $21M | $17M | $83M | 24.5% | -74.0% |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $65M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | $11M |
| Operating Expenses | $34M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $31M |
| Interest Income | $81M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $3M |
| EBIT | $31M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $65M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | $11M |
| Operating Expenses | $34M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $31M |
| Interest Income | $81M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $3M |
| EBIT | $31M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $914.0K |
| Deferred Income Tax | -$194.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$362M |
| Sales/Maturities of Investments | $265M |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$112M |
| Net Debt Issuance | $584M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$359M |
| NET CASH FROM FINANCING | $199M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $111M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $253M |
| Short-Term Investments | $1.4B |
| Net Receivables | $35M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $157M |
| Goodwill | $201M |
| Intangible Assets | $4M |
| Long-Term Investments | $5.4B |
| Tax Assets | $34M |
| Other Non-Current Assets | $236M |
| TOTAL NON-CURRENT ASSETS | $6.1B |
| TOTAL ASSETS | $7.8B |
| Account Payables | $0 |
| Short-Term Debt | $77M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.8B |
| TOTAL CURRENT LIABILITIES | $5.9B |
| Long-Term Debt | $691M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $418M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $7.0B |
| Common Stock | $48M |
| Additional Paid-In Capital | $786M |
| Retained Earnings | $255M |
| Treasury Stock | -$204M |
| Accum. Other Comp. Income | -$133M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $751M |
| Minority Interest | $0 |
| TOTAL EQUITY | $751M |
| TOTAL LIABILITIES & EQUITY | $7.8B |
| Total Debt | $785M |
| Net Debt | $532M |
