| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $163M | $153M | $108M | 6.3% | 49.8% |
| Op. Income | $22M | $20M | $21M | 8.6% | 2.5% |
| Gross Margin | 45.9% | 49.4% | 67.3% | -3.5pp | -21.4pp |
| Net Margin | 10.8% | 10.4% | 15.8% | 0.4pp | -5.0pp |
| EPS (Diluted) | $0.06 | $0.06 | $0.06 | 0.0% | 0.0% |
| Free Cash Flow | $32M | -$36M | $10M | 188.9% | 235.1% |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $29M |
| SG&A Expenses | $36M |
| Other Expenses | $17M |
| Operating Expenses | $53M |
| Cost & Expenses | $141M |
| OPERATING INCOME | $22M |
| Interest Income | $157M |
| Interest Expense | $88M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $5M |
| EBIT | $22M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $29M |
| SG&A Expenses | $36M |
| Other Expenses | $17M |
| Operating Expenses | $53M |
| Cost & Expenses | $141M |
| OPERATING INCOME | $22M |
| Interest Income | $157M |
| Interest Expense | $88M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $5M |
| EBIT | $22M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$19.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$60M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | -$337M |
| NET CASH FROM INVESTING | -$377M |
| Net Debt Issuance | $232M |
| Common Stock Repurchased | -$4.0K |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $141M |
| NET CASH FROM FINANCING | $358M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $436M |
| Short-Term Investments | $513M |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $999M |
| PP&E (Net) | $35M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $14.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $669M |
| TOTAL NON-CURRENT ASSETS | $15.6B |
| TOTAL ASSETS | $16.6B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.1B |
| TOTAL CURRENT LIABILITIES | $9.2B |
| Long-Term Debt | $5.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $74M |
| TOTAL NON-CURRENT LIABILITIES | $5.5B |
| TOTAL LIABILITIES | $14.7B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $882M |
| Treasury Stock | -$776M |
| Accum. Other Comp. Income | $51M |
| Other Equity | -$28M |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $16.6B |
| Total Debt | $5.5B |
| Net Debt | $5.0B |
