| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $144M | $125M | $100M | 14.9% | 43.8% |
| Op. Income | $28M | $31M | $20M | -9.7% | 38.4% |
| Gross Margin | 56.4% | 63.7% | 67.8% | -7.3pp | -11.4pp |
| Net Margin | 15.4% | 20.3% | 16.1% | -4.9pp | -0.7pp |
| EPS (Diluted) | $0.08 | $0.09 | $0.06 | -11.4% | 32.8% |
| Free Cash Flow | $77M | -$13M | $7M | 674.3% | 941.9% |
| Item | Amount |
|---|---|
| REVENUE | $144M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $31M |
| SG&A Expenses | $39M |
| Other Expenses | $14M |
| Operating Expenses | $53M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $28M |
| Interest Income | $139M |
| Interest Expense | $64M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $4M |
| EBIT | $28M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $144M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $31M |
| SG&A Expenses | $39M |
| Other Expenses | $14M |
| Operating Expenses | $53M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $28M |
| Interest Income | $139M |
| Interest Expense | $64M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $4M |
| EBIT | $28M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$45.0K |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $56M |
| OPERATING CASH FLOW | $79M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$40M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | -$228M |
| NET CASH FROM INVESTING | -$249M |
| Net Debt Issuance | $262M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $244M |
| FREE CASH FLOW | $77M |
| Net Change in Cash | $74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $444M |
| Short-Term Investments | $473M |
| Net Receivables | $45M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $962M |
| PP&E (Net) | $35M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $14.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $638M |
| TOTAL NON-CURRENT ASSETS | $15.2B |
| TOTAL ASSETS | $16.1B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.0B |
| TOTAL CURRENT LIABILITIES | $9.2B |
| Long-Term Debt | $5.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $109M |
| TOTAL NON-CURRENT LIABILITIES | $5.1B |
| TOTAL LIABILITIES | $14.3B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $878M |
| Treasury Stock | -$775M |
| Accum. Other Comp. Income | $23M |
| Other Equity | -$30M |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $16.1B |
| Total Debt | $5.0B |
| Net Debt | $4.6B |
