| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $423M | $400M | $229M | 5.5% | 84.7% |
| Op. Income | $51M | $278M | $53M | -81.8% | -3.8% |
| Gross Margin | 57.9% | 60.6% | 90.0% | -2.7pp | -32.0pp |
| Net Margin | 9.1% | 54.3% | 17.3% | -45.1pp | -8.2pp |
| EPS (Diluted) | $0.70 | $4.23 | $0.69 | -83.5% | 1.4% |
| Free Cash Flow | $17M | -$67M | $70M | 125.2% | -76.0% |
| Item | Amount |
|---|---|
| REVENUE | $423M |
| Cost of Revenue | $178M |
| GROSS PROFIT | $245M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $131M |
| SG&A Expenses | $140M |
| Other Expenses | $54M |
| Operating Expenses | $194M |
| Cost & Expenses | $372M |
| OPERATING INCOME | $51M |
| Interest Income | $385M |
| Interest Expense | $150M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $9M |
| EBIT | $51M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $423M |
| Cost of Revenue | $178M |
| GROSS PROFIT | $245M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $131M |
| SG&A Expenses | $140M |
| Other Expenses | $54M |
| Operating Expenses | $194M |
| Cost & Expenses | $372M |
| OPERATING INCOME | $51M |
| Interest Income | $385M |
| Interest Expense | $150M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $9M |
| EBIT | $51M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $35M |
| Change in Working Capital | -$73M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$849M |
| Sales/Maturities of Investments | $123M |
| Other Investing Activities | -$808M |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | $899M |
| Common Stock Repurchased | -$60M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$677M |
| NET CASH FROM FINANCING | $155M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.6B |
| Short-Term Investments | $3.4B |
| Net Receivables | $732M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.8B |
| PP&E (Net) | $25M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $20.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $20.8B |
| TOTAL ASSETS | $28.6B |
| Account Payables | $31M |
| Short-Term Debt | $2.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22.2B |
| TOTAL CURRENT LIABILITIES | $24.3B |
| Long-Term Debt | $932M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $274M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $25.5B |
| Common Stock | $509.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$176M |
| Accum. Other Comp. Income | -$375M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $28.6B |
| Total Debt | $3.0B |
| Net Debt | -$618M |
