| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $110M | $104M | $88M | 5.2% | 25.2% |
| Op. Income | $35M | $36M | $38M | -2.5% | -7.5% |
| Gross Margin | 72.3% | 76.6% | 88.8% | -4.2pp | -16.4pp |
| Net Margin | 24.7% | 26.5% | 32.4% | -1.8pp | -7.8pp |
| EPS (Diluted) | $0.92 | $0.94 | $0.97 | -2.1% | -5.2% |
| Free Cash Flow | $30M | $32M | $48M | -6.2% | -36.0% |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $79M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $29M |
| SG&A Expenses | $30M |
| Other Expenses | $15M |
| Operating Expenses | $45M |
| Cost & Expenses | $75M |
| OPERATING INCOME | $35M |
| Interest Income | $89M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $5M |
| EBIT | $35M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $79M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $29M |
| SG&A Expenses | $30M |
| Other Expenses | $15M |
| Operating Expenses | $45M |
| Cost & Expenses | $75M |
| OPERATING INCOME | $35M |
| Interest Income | $89M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $5M |
| EBIT | $35M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $53M |
| Other Investing Activities | -$210M |
| NET CASH FROM INVESTING | -$165M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$2.0K |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $170M |
| NET CASH FROM FINANCING | $111M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $1.0B |
| Net Receivables | $42M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $98M |
| Goodwill | $194M |
| Intangible Assets | $35M |
| Long-Term Investments | $6.1B |
| Tax Assets | $59M |
| Other Non-Current Assets | $257M |
| TOTAL NON-CURRENT ASSETS | $6.8B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $2M |
| Short-Term Debt | $125M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.4B |
| TOTAL CURRENT LIABILITIES | $6.5B |
| Long-Term Debt | $377M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $190M |
| TOTAL NON-CURRENT LIABILITIES | $566M |
| TOTAL LIABILITIES | $7.1B |
| Common Stock | $59M |
| Additional Paid-In Capital | $384M |
| Retained Earnings | $492M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$128M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $807M |
| Minority Interest | $0 |
| TOTAL EQUITY | $807M |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $502M |
| Net Debt | $423M |
