| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $29M | $29M | 4.9% | 4.4% |
| Op. Income | $12M | $12M | $13M | -3.6% | -10.9% |
| Gross Margin | 91.6% | 96.3% | 97.1% | -4.7pp | -5.5pp |
| Net Margin | 29.6% | 32.7% | 35.3% | -3.1pp | -5.7pp |
| EPS (Diluted) | $1.06 | $1.12 | $1.20 | -5.4% | -11.7% |
| Free Cash Flow | $7M | $10M | $13M | -21.6% | -40.7% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $159.0K |
| General & Administrative | $10M |
| SG&A Expenses | $11M |
| Other Expenses | $6M |
| Operating Expenses | $16M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $12M |
| Interest Income | $24M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $825.0K |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $159.0K |
| General & Administrative | $10M |
| SG&A Expenses | $11M |
| Other Expenses | $6M |
| Operating Expenses | $16M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $12M |
| Interest Income | $24M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $825.0K |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $825.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$832.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$68.0K |
| Acquisitions (Net) | -$174.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | -$40M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | $21M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $436M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $500M |
| PP&E (Net) | $29M |
| Goodwill | $44M |
| Intangible Assets | $9M |
| Long-Term Investments | $1.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $144M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $0 |
| Short-Term Debt | $33M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.0B |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $120M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $148M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $22M |
| Additional Paid-In Capital | $97M |
| Retained Earnings | $212M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | -$65M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $256M |
| Minority Interest | $0 |
| TOTAL EQUITY | $256M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $156M |
| Net Debt | $92M |
