| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $152M | $148M | $66M | 3.1% | 132.6% |
| Op. Income | $43M | $47M | $20M | -9.4% | 111.7% |
| Gross Margin | 73.4% | 80.9% | 88.6% | -7.5pp | -15.2pp |
| Net Margin | 23.1% | 25.1% | 25.1% | -2.0pp | -2.0pp |
| EPS (Diluted) | $0.66 | $0.70 | $0.48 | -5.7% | 37.5% |
| Free Cash Flow | $48M | $48M | $25M | -0.1% | 94.1% |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $112M |
| R&D Expenses | $0 |
| Selling & Marketing | $907.0K |
| General & Administrative | $40M |
| SG&A Expenses | $41M |
| Other Expenses | $28M |
| Operating Expenses | $69M |
| Cost & Expenses | $110M |
| OPERATING INCOME | $43M |
| Interest Income | $147M |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $9M |
| EBIT | $43M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $112M |
| R&D Expenses | $0 |
| Selling & Marketing | $907.0K |
| General & Administrative | $40M |
| SG&A Expenses | $41M |
| Other Expenses | $28M |
| Operating Expenses | $69M |
| Cost & Expenses | $110M |
| OPERATING INCOME | $43M |
| Interest Income | $147M |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $9M |
| EBIT | $43M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $426.0K |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | -$175M |
| NET CASH FROM INVESTING | -$160M |
| Net Debt Issuance | $131M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $28M |
| NET CASH FROM FINANCING | $152M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $304M |
| Short-Term Investments | $1.5B |
| Net Receivables | $42M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $119M |
| Goodwill | $497M |
| Intangible Assets | $130M |
| Long-Term Investments | $8.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $239M |
| TOTAL NON-CURRENT ASSETS | $9.0B |
| TOTAL ASSETS | $10.8B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $8.8B |
| TOTAL CURRENT LIABILITIES | $8.8B |
| Long-Term Debt | $480M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $69M |
| TOTAL NON-CURRENT LIABILITIES | $549M |
| TOTAL LIABILITIES | $9.3B |
| Common Stock | $533.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $362M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$132M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $10.8B |
| Total Debt | $480M |
| Net Debt | $175M |
