| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $224M | $193M | $130M | 16.2% | 72.1% |
| Op. Income | $60M | -$52M | $34M | 215.6% | 75.9% |
| Gross Margin | 72.2% | 78.2% | 98.2% | -6.0pp | -25.9pp |
| Net Margin | 22.4% | -17.7% | 22.4% | 40.1pp | 0.0pp |
| EPS (Diluted) | $0.82 | $-0.56 | $0.47 | 246.4% | 74.5% |
| Free Cash Flow | -$17M | $60M | $54M | -128.7% | -131.9% |
| Item | Amount |
|---|---|
| REVENUE | $224M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $162M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $76M |
| SG&A Expenses | $76M |
| Other Expenses | $26M |
| Operating Expenses | $102M |
| Cost & Expenses | $165M |
| OPERATING INCOME | $60M |
| Interest Income | $199M |
| Interest Expense | $61M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $8M |
| EBIT | $60M |
| EBITDA | $67M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $224M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $162M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $76M |
| SG&A Expenses | $76M |
| Other Expenses | $26M |
| Operating Expenses | $102M |
| Cost & Expenses | $165M |
| OPERATING INCOME | $60M |
| Interest Income | $199M |
| Interest Expense | $61M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $8M |
| EBIT | $60M |
| EBITDA | $67M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $335.0K |
| Other Non-Cash Items | -$65M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $93M |
| Other Investing Activities | -$319M |
| NET CASH FROM INVESTING | -$249M |
| Net Debt Issuance | $450M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $375M |
| NET CASH FROM FINANCING | $809M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | $562M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $2.0B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $259M |
| Goodwill | $384M |
| Intangible Assets | $131M |
| Long-Term Investments | $14.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$14.3B |
| TOTAL NON-CURRENT ASSETS | $647M |
| TOTAL ASSETS | $18.9B |
| Account Payables | $0 |
| Short-Term Debt | $478M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.8B |
| TOTAL CURRENT LIABILITIES | $15.3B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $345M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $17.3B |
| Common Stock | $13M |
| Additional Paid-In Capital | $155M |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$242M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $18.9B |
| Total Debt | $2.2B |
| Net Debt | $889M |
