| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $144M | $159M | $103M | -9.3% | 40.0% |
| Op. Income | $79M | $92M | $33M | -14.1% | 138.9% |
| Gross Margin | 79.7% | 80.6% | 78.3% | -0.8pp | 1.4pp |
| Net Margin | 43.3% | 44.6% | 26.2% | -1.3pp | 17.1pp |
| EPS (Diluted) | $0.69 | $0.79 | $0.32 | -12.2% | 119.4% |
| Free Cash Flow | $57M | $69M | $54M | -17.1% | 6.1% |
| Item | Amount |
|---|---|
| REVENUE | $144M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $115M |
| R&D Expenses | $4M |
| Selling & Marketing | $16M |
| General & Administrative | $9M |
| SG&A Expenses | $25M |
| Other Expenses | $7M |
| Operating Expenses | $36M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $79M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| 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 | $62M |
| D&A | $0 |
| EBIT | $79M |
| EBITDA | $79M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $144M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $115M |
| R&D Expenses | $4M |
| Selling & Marketing | $16M |
| General & Administrative | $9M |
| SG&A Expenses | $25M |
| Other Expenses | $7M |
| Operating Expenses | $36M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $79M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| 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 | $62M |
| D&A | $0 |
| EBIT | $79M |
| EBITDA | $79M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $272.9K |
| Stock-Based Compensation | $305.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $57M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $113M |
| NET CASH FROM INVESTING | $113M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$57M |
| NET CASH FROM FINANCING | -$57M |
| FREE CASH FLOW | $57M |
| Net Change in Cash | $113M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $742M |
| Short-Term Investments | $37M |
| Net Receivables | $314M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $485.1K |
| Tax Assets | $13M |
| Other Non-Current Assets | $127M |
| TOTAL NON-CURRENT ASSETS | $156M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $44M |
| Long-Term Debt | $57M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $196M |
| TOTAL NON-CURRENT LIABILITIES | $270M |
| TOTAL LIABILITIES | $315M |
| Common Stock | $18.8K |
| Additional Paid-In Capital | $755M |
| Retained Earnings | $195M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $942M |
| Minority Interest | $0 |
| TOTAL EQUITY | $942M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $62M |
| Net Debt | -$680M |
