| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $169M | $143M | $134M | 17.9% | 26.4% |
| Op. Income | $50M | $41M | $26M | 22.9% | 91.3% |
| Gross Margin | 88.2% | 96.1% | 98.6% | -7.8pp | -10.3pp |
| Net Margin | 25.1% | 23.9% | 15.9% | 1.2pp | 9.3pp |
| EPS (Diluted) | $0.69 | $0.56 | $0.34 | 23.2% | 102.9% |
| Free Cash Flow | $69M | $79M | $53M | -12.5% | 30.8% |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $75M |
| SG&A Expenses | $75M |
| Other Expenses | $24M |
| Operating Expenses | $99M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $50M |
| Interest Income | $144M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $10M |
| EBIT | $50M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $75M |
| SG&A Expenses | $75M |
| Other Expenses | $24M |
| Operating Expenses | $99M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $50M |
| Interest Income | $144M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $10M |
| EBIT | $50M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$71M |
| Sales/Maturities of Investments | $133M |
| Other Investing Activities | -$652M |
| NET CASH FROM INVESTING | -$597M |
| Net Debt Issuance | $150M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $129M |
| NET CASH FROM FINANCING | $256M |
| FREE CASH FLOW | $69M |
| Net Change in Cash | -$263M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $480M |
| Short-Term Investments | $2.4B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $248M |
| Goodwill | $384M |
| Intangible Assets | $137M |
| Long-Term Investments | $12.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $575M |
| TOTAL NON-CURRENT ASSETS | $14.3B |
| TOTAL ASSETS | $17.2B |
| Account Payables | $0 |
| Short-Term Debt | $544M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.4B |
| TOTAL CURRENT LIABILITIES | $15.0B |
| Long-Term Debt | $408M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $264M |
| TOTAL NON-CURRENT LIABILITIES | $712M |
| TOTAL LIABILITIES | $15.7B |
| Common Stock | $13M |
| Additional Paid-In Capital | $154M |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$306M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $17.2B |
| Total Debt | $992M |
| Net Debt | $512M |
