| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $237M | $227M | $169M | 4.1% | 40.2% |
| Op. Income | $37M | $48M | $50M | -22.7% | -26.9% |
| Gross Margin | 58.5% | 61.7% | 88.2% | -3.2pp | -29.7pp |
| Net Margin | 14.4% | 19.8% | 25.1% | -5.4pp | -10.8pp |
| EPS (Diluted) | $0.56 | $0.74 | $0.69 | -24.3% | -18.8% |
| Free Cash Flow | $96M | $13M | $69M | 638.3% | 39.1% |
| Item | Amount |
|---|---|
| REVENUE | $237M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $139M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $71M |
| SG&A Expenses | $71M |
| Other Expenses | $31M |
| Operating Expenses | $102M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $37M |
| Interest Income | $229M |
| Interest Expense | $90M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $3M |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $10M |
| EBIT | $37M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $237M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $139M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $71M |
| SG&A Expenses | $71M |
| Other Expenses | $31M |
| Operating Expenses | $102M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $37M |
| Interest Income | $229M |
| Interest Expense | $90M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $3M |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $10M |
| EBIT | $37M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$90.0K |
| Other Non-Cash Items | $48M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $106M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $105M |
| Other Investing Activities | -$190M |
| NET CASH FROM INVESTING | -$97M |
| Net Debt Issuance | -$275M |
| Common Stock Repurchased | -$12.0K |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $199M |
| NET CASH FROM FINANCING | -$91M |
| FREE CASH FLOW | $96M |
| Net Change in Cash | -$82M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $750M |
| Short-Term Investments | $1.8B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $270M |
| Goodwill | $384M |
| Intangible Assets | $145M |
| Long-Term Investments | $14.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $790M |
| TOTAL NON-CURRENT ASSETS | $15.9B |
| TOTAL ASSETS | $18.4B |
| Account Payables | $0 |
| Short-Term Debt | $322M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.1B |
| TOTAL CURRENT LIABILITIES | $15.4B |
| Long-Term Debt | $974M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $376M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $16.8B |
| Common Stock | $13M |
| Additional Paid-In Capital | $158M |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$288M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $18.4B |
| Total Debt | $1.3B |
| Net Debt | $593M |
