| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $148M | $217M | $64M | -31.9% | 130.0% |
| Op. Income | $47M | $19M | $23M | 147.8% | 105.9% |
| Gross Margin | 80.9% | 63.7% | 89.2% | 17.2pp | -8.3pp |
| Net Margin | 25.1% | 7.5% | 29.0% | 17.6pp | -3.9pp |
| EPS (Diluted) | $0.70 | $0.04 | $0.64 | 1650.0% | 9.4% |
| Free Cash Flow | $48M | $67M | $16M | -28.6% | 201.0% |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $839.0K |
| General & Administrative | $41M |
| SG&A Expenses | $42M |
| Other Expenses | $31M |
| Operating Expenses | $73M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $47M |
| Interest Income | $140M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $9M |
| EBIT | $47M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $839.0K |
| General & Administrative | $41M |
| SG&A Expenses | $42M |
| Other Expenses | $31M |
| Operating Expenses | $73M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $47M |
| Interest Income | $140M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $9M |
| EBIT | $47M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $453.0K |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$22M |
| Sales/Maturities of Investments | $349M |
| Other Investing Activities | -$122M |
| NET CASH FROM INVESTING | $203M |
| Net Debt Issuance | $175M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$529M |
| NET CASH FROM FINANCING | -$360M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | -$108M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $263M |
| Short-Term Investments | $1.5B |
| Net Receivables | $42M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $125M |
| Goodwill | $497M |
| Intangible Assets | $137M |
| Long-Term Investments | $7.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $231M |
| TOTAL NON-CURRENT ASSETS | $8.8B |
| TOTAL ASSETS | $10.6B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $503.0K |
| Other Current Liabilities | $8.7B |
| TOTAL CURRENT LIABILITIES | $8.7B |
| Long-Term Debt | $348M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $67M |
| TOTAL NON-CURRENT LIABILITIES | $416M |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $533.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $333M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$113M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $10.6B |
| Total Debt | $348M |
| Net Debt | $85M |
