| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $187M | $175M | $141M | 6.5% | 32.2% |
| Op. Income | $52M | $64M | $54M | -18.4% | -3.1% |
| Gross Margin | 78.7% | 87.4% | 99.3% | -8.7pp | -20.6pp |
| Net Margin | 22.7% | 29.8% | 31.3% | -7.1pp | -8.6pp |
| EPS (Diluted) | $0.67 | $0.84 | $0.68 | -20.2% | -1.5% |
| Free Cash Flow | -$1M | $5M | $47M | -128.2% | -102.8% |
| Item | Amount |
|---|---|
| REVENUE | $187M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $147M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $57M |
| SG&A Expenses | $59M |
| Other Expenses | $35M |
| Operating Expenses | $94M |
| Cost & Expenses | $134M |
| OPERATING INCOME | $52M |
| Interest Income | $161M |
| Interest Expense | $36M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $10M |
| 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 | $40M |
| D&A | $2M |
| EBIT | $52M |
| EBITDA | $55M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $187M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $147M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $57M |
| SG&A Expenses | $59M |
| Other Expenses | $35M |
| Operating Expenses | $94M |
| Cost & Expenses | $134M |
| OPERATING INCOME | $52M |
| Interest Income | $161M |
| Interest Expense | $36M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $10M |
| 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 | $40M |
| D&A | $2M |
| EBIT | $52M |
| EBITDA | $55M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $0 |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $107M |
| Other Investing Activities | -$187M |
| NET CASH FROM INVESTING | -$92M |
| Net Debt Issuance | $551M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$258M |
| NET CASH FROM FINANCING | $270M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $189M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $598M |
| Short-Term Investments | $2.5B |
| Net Receivables | $69M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $225M |
| Goodwill | $0 |
| Intangible Assets | $1.1B |
| Long-Term Investments | $12.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $744M |
| TOTAL NON-CURRENT ASSETS | $14.1B |
| TOTAL ASSETS | $17.3B |
| Account Payables | $8M |
| Short-Term Debt | $111M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.9B |
| TOTAL CURRENT LIABILITIES | $13.0B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $245M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $14.8B |
| Common Stock | $142M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $1.1B |
| Treasury Stock | -$308M |
| Accum. Other Comp. Income | -$236M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $17.3B |
| Total Debt | $1.7B |
| Net Debt | $1.1B |
