| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $156M | $152M | $71M | 2.3% | 120.0% |
| Op. Income | $38M | $43M | $18M | -10.1% | 116.8% |
| Gross Margin | 70.0% | 73.4% | 87.1% | -3.4pp | -17.1pp |
| Net Margin | 19.8% | 23.1% | 20.2% | -3.3pp | -0.3pp |
| EPS (Diluted) | $0.58 | $0.66 | $0.52 | -12.1% | 11.5% |
| Free Cash Flow | $36M | $48M | $33M | -25.1% | 8.4% |
| Item | Amount |
|---|---|
| REVENUE | $156M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $109M |
| R&D Expenses | $0 |
| Selling & Marketing | $877.0K |
| General & Administrative | $41M |
| SG&A Expenses | $42M |
| Other Expenses | $29M |
| Operating Expenses | $71M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $38M |
| Interest Income | $151M |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $7M |
| 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 | $9M |
| EBIT | $38M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $156M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $109M |
| R&D Expenses | $0 |
| Selling & Marketing | $877.0K |
| General & Administrative | $41M |
| SG&A Expenses | $42M |
| Other Expenses | $29M |
| Operating Expenses | $71M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $38M |
| Interest Income | $151M |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $7M |
| 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 | $9M |
| EBIT | $38M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$344.0K |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$600M |
| Sales/Maturities of Investments | $630M |
| Other Investing Activities | $64M |
| NET CASH FROM INVESTING | $92M |
| Net Debt Issuance | -$46M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$80M |
| NET CASH FROM FINANCING | -$132M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $302M |
| Short-Term Investments | $1.4B |
| Net Receivables | $44M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $119M |
| Goodwill | $497M |
| Intangible Assets | $123M |
| Long-Term Investments | $7.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $254M |
| TOTAL NON-CURRENT ASSETS | $8.9B |
| TOTAL ASSETS | $10.7B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $8.7B |
| TOTAL CURRENT LIABILITIES | $8.7B |
| Long-Term Debt | $434M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $77M |
| TOTAL NON-CURRENT LIABILITIES | $510M |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $533.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $386M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$157M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $10.7B |
| Total Debt | $434M |
| Net Debt | $131M |
