| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $400M | $347M | $251M | 15.3% | 59.3% |
| Op. Income | $278M | $55M | $89M | 402.4% | 213.1% |
| Gross Margin | 60.6% | 72.7% | 93.7% | -12.0pp | -33.1pp |
| Net Margin | 54.3% | 11.9% | 25.9% | 42.3pp | 28.3pp |
| EPS (Diluted) | $4.23 | $0.74 | $1.19 | 471.6% | 255.5% |
| Free Cash Flow | -$67M | $66M | $109M | -201.0% | -161.1% |
| Item | Amount |
|---|---|
| REVENUE | $400M |
| Cost of Revenue | $158M |
| GROSS PROFIT | $243M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $58M |
| SG&A Expenses | $68M |
| Other Expenses | -$104M |
| Operating Expenses | -$35M |
| Cost & Expenses | $122M |
| OPERATING INCOME | $278M |
| Interest Income | $371M |
| Interest Expense | $124M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $278M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $217M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $217M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $213M |
| D&A | $10M |
| EBIT | $278M |
| EBITDA | $288M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $400M |
| Cost of Revenue | $158M |
| GROSS PROFIT | $243M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $58M |
| SG&A Expenses | $68M |
| Other Expenses | -$104M |
| Operating Expenses | -$35M |
| Cost & Expenses | $122M |
| OPERATING INCOME | $278M |
| Interest Income | $371M |
| Interest Expense | $124M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $278M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $217M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $217M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $213M |
| D&A | $10M |
| EBIT | $278M |
| EBITDA | $288M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $217M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$264M |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | -$66M |
| Capital Expenditure | -$814.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$255M |
| Sales/Maturities of Investments | $74M |
| Other Investing Activities | $3.8B |
| NET CASH FROM INVESTING | $3.6B |
| Net Debt Issuance | -$500M |
| Common Stock Repurchased | -$65M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.6B |
| NET CASH FROM FINANCING | -$2.2B |
| FREE CASH FLOW | -$67M |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.0B |
| Short-Term Investments | $2.6B |
| Net Receivables | $719M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.3B |
| PP&E (Net) | $26M |
| Goodwill | $1M |
| Intangible Assets | $0 |
| Long-Term Investments | $20.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $20.1B |
| TOTAL ASSETS | $28.4B |
| Account Payables | $24M |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22.9B |
| TOTAL CURRENT LIABILITIES | $24.1B |
| Long-Term Debt | $931M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $346M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $25.4B |
| Common Stock | $509.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$115M |
| Accum. Other Comp. Income | -$419M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $28.4B |
| Total Debt | $2.1B |
| Net Debt | -$2.9B |
