| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $240M | $215M | $183M | 11.9% | 31.3% |
| Op. Income | $104M | $86M | $95M | 20.5% | 8.5% |
| Gross Margin | 87.7% | 93.4% | 102.4% | -5.7pp | -14.7pp |
| Net Margin | 33.8% | 31.1% | 40.3% | 2.7pp | -6.6pp |
| EPS (Diluted) | $0.74 | $0.61 | $0.82 | 21.3% | -9.8% |
| Free Cash Flow | $151M | $137M | $115M | 10.2% | 31.4% |
| Item | Amount |
|---|---|
| REVENUE | $240M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $211M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $70M |
| SG&A Expenses | $73M |
| Other Expenses | $35M |
| Operating Expenses | $107M |
| Cost & Expenses | $137M |
| OPERATING INCOME | $104M |
| Interest Income | $214M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $13M |
| EBIT | $104M |
| EBITDA | $116M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $240M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $211M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $70M |
| SG&A Expenses | $73M |
| Other Expenses | $35M |
| Operating Expenses | $107M |
| Cost & Expenses | $137M |
| OPERATING INCOME | $104M |
| Interest Income | $214M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $13M |
| EBIT | $104M |
| EBITDA | $116M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $81M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $51M |
| OPERATING CASH FLOW | $161M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$174M |
| Sales/Maturities of Investments | $208M |
| Other Investing Activities | -$335M |
| NET CASH FROM INVESTING | -$310M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $2M |
| Common Dividends Paid | -$23M |
| Other Financing Activities | -$560M |
| NET CASH FROM FINANCING | -$583M |
| FREE CASH FLOW | $151M |
| Net Change in Cash | -$732M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $439M |
| Short-Term Investments | $3.9B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $289M |
| Goodwill | $751M |
| Intangible Assets | $30M |
| Long-Term Investments | $17.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $884M |
| TOTAL NON-CURRENT ASSETS | $19.4B |
| TOTAL ASSETS | $23.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.3B |
| TOTAL CURRENT LIABILITIES | $20.7B |
| Long-Term Debt | $325M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $325M |
| TOTAL LIABILITIES | $21.1B |
| Common Stock | $106M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $453M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$337M |
| Other Equity | $12M |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $23.7B |
| Total Debt | $325M |
| Net Debt | -$115M |
