| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $227M | $224M | $143M | 1.4% | 58.7% |
| Op. Income | $48M | $60M | $41M | -20.1% | 16.2% |
| Gross Margin | 61.7% | 72.2% | 96.1% | -10.5pp | -34.3pp |
| Net Margin | 19.8% | 22.4% | 23.9% | -2.6pp | -4.1pp |
| EPS (Diluted) | $0.74 | $0.82 | $0.56 | -9.8% | 32.1% |
| Free Cash Flow | $13M | -$17M | $79M | 175.6% | -83.5% |
| Item | Amount |
|---|---|
| REVENUE | $227M |
| Cost of Revenue | $87M |
| GROSS PROFIT | $140M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $69M |
| SG&A Expenses | $69M |
| Other Expenses | $23M |
| Operating Expenses | $93M |
| Cost & Expenses | $180M |
| OPERATING INCOME | $48M |
| Interest Income | $219M |
| Interest Expense | $79M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $4M |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $9M |
| EBIT | $48M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $227M |
| Cost of Revenue | $87M |
| GROSS PROFIT | $140M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $69M |
| SG&A Expenses | $69M |
| Other Expenses | $23M |
| Operating Expenses | $93M |
| Cost & Expenses | $180M |
| OPERATING INCOME | $48M |
| Interest Income | $219M |
| Interest Expense | $79M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $4M |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $9M |
| EBIT | $48M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$715.0K |
| Other Non-Cash Items | -$25M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $120M |
| Other Investing Activities | -$112M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$425M |
| Common Stock Repurchased | -$22.0K |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$37M |
| NET CASH FROM FINANCING | -$476M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$465M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $832M |
| Short-Term Investments | $1.9B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $266M |
| Goodwill | $384M |
| Intangible Assets | $138M |
| Long-Term Investments | $14.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $807M |
| TOTAL NON-CURRENT ASSETS | $15.7B |
| TOTAL ASSETS | $18.4B |
| Account Payables | $0 |
| Short-Term Debt | $311M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.9B |
| TOTAL CURRENT LIABILITIES | $15.2B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $344M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $16.9B |
| Common Stock | $13M |
| Additional Paid-In Capital | $157M |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$266M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $18.4B |
| Total Debt | $1.6B |
| Net Debt | $762M |
