| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $304M | $269M | $205M | 13.2% | 48.2% |
| Op. Income | $80M | $106M | $60M | -24.5% | 32.6% |
| Gross Margin | 70.5% | 81.1% | 85.2% | -10.6pp | -14.7pp |
| Net Margin | 20.5% | 30.3% | 23.4% | -9.8pp | -2.9pp |
| EPS (Diluted) | $0.52 | $0.74 | $0.43 | -29.7% | 20.9% |
| Free Cash Flow | $67M | $83M | $193M | -18.2% | -65.1% |
| Item | Amount |
|---|---|
| REVENUE | $304M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $214M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $83M |
| SG&A Expenses | $85M |
| Other Expenses | $49M |
| Operating Expenses | $134M |
| Cost & Expenses | $224M |
| OPERATING INCOME | $80M |
| Interest Income | $279M |
| Interest Expense | $68M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $12M |
| EBIT | $80M |
| EBITDA | $92M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $304M |
| Cost of Revenue | $90M |
| GROSS PROFIT | $214M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $83M |
| SG&A Expenses | $85M |
| Other Expenses | $49M |
| Operating Expenses | $134M |
| Cost & Expenses | $224M |
| OPERATING INCOME | $80M |
| Interest Income | $279M |
| Interest Expense | $68M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $12M |
| EBIT | $80M |
| EBITDA | $92M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $22M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $90M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $57M |
| Purchases of Investments | -$100M |
| Sales/Maturities of Investments | $590M |
| Other Investing Activities | -$343M |
| NET CASH FROM INVESTING | $181M |
| Net Debt Issuance | -$908M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $793M |
| NET CASH FROM FINANCING | -$141M |
| FREE CASH FLOW | $67M |
| Net Change in Cash | $131M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $778M |
| Short-Term Investments | $3.3B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $337M |
| Goodwill | $897M |
| Intangible Assets | $65M |
| Long-Term Investments | $19.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $913M |
| TOTAL NON-CURRENT ASSETS | $21.8B |
| TOTAL ASSETS | $25.9B |
| Account Payables | $0 |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22.0B |
| TOTAL CURRENT LIABILITIES | $22.4B |
| Long-Term Debt | $355M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $355M |
| TOTAL LIABILITIES | $22.8B |
| Common Stock | $115M |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | $543M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$294M |
| Other Equity | $12M |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $25.9B |
| Total Debt | $362M |
| Net Debt | -$416M |
