| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $104M | $97M | $77M | 6.7% | 34.8% |
| Op. Income | $22M | $29M | $31M | -26.8% | -30.0% |
| Gross Margin | 54.8% | 66.1% | 83.3% | -11.3pp | -28.4pp |
| Net Margin | 17.8% | 25.7% | 35.1% | -7.8pp | -17.3pp |
| EPS (Diluted) | $0.60 | $0.81 | $0.84 | -25.9% | -28.6% |
| Free Cash Flow | $77M | $33M | $77M | 129.2% | -0.5% |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $57M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | $12M |
| Operating Expenses | $35M |
| Cost & Expenses | $82M |
| OPERATING INCOME | $22M |
| Interest Income | $93M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | -$10.0K |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $3M |
| EBIT | $22M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $57M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | $12M |
| Operating Expenses | $35M |
| Cost & Expenses | $82M |
| OPERATING INCOME | $22M |
| Interest Income | $93M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | -$10.0K |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $3M |
| EBIT | $22M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $875.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $50M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$420M |
| Sales/Maturities of Investments | $416M |
| Other Investing Activities | -$94M |
| NET CASH FROM INVESTING | -$100M |
| Net Debt Issuance | -$75M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $232M |
| NET CASH FROM FINANCING | $141M |
| FREE CASH FLOW | $77M |
| Net Change in Cash | $119M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $212M |
| Short-Term Investments | $1.3B |
| Net Receivables | $40M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $154M |
| Goodwill | $201M |
| Intangible Assets | $3M |
| Long-Term Investments | $5.7B |
| Tax Assets | $41M |
| Other Non-Current Assets | $288M |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $8.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.3B |
| TOTAL CURRENT LIABILITIES | $6.3B |
| Long-Term Debt | $762M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $115M |
| TOTAL NON-CURRENT LIABILITIES | $894M |
| TOTAL LIABILITIES | $7.2B |
| Common Stock | $48M |
| Additional Paid-In Capital | $788M |
| Retained Earnings | $276M |
| Treasury Stock | -$228M |
| Accum. Other Comp. Income | -$155M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $729M |
| Minority Interest | $0 |
| TOTAL EQUITY | $729M |
| TOTAL LIABILITIES & EQUITY | $8.0B |
| Total Debt | $779M |
| Net Debt | $567M |
