| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $19M | $17M | 7.0% | 20.5% |
| Op. Income | $3M | $4M | $6M | -21.9% | -51.5% |
| Gross Margin | 65.3% | 70.2% | 93.1% | -4.9pp | -27.8pp |
| Net Margin | 12.3% | 16.4% | 24.3% | -4.1pp | -12.0pp |
| EPS (Diluted) | $0.28 | $0.36 | $0.46 | -22.2% | -39.1% |
| Free Cash Flow | $3M | $5M | $3M | -39.8% | -11.8% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $4M |
| Operating Expenses | $11M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $3M |
| Interest Income | $18M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $464.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $427.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $4M |
| Operating Expenses | $11M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $3M |
| Interest Income | $18M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $464.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $427.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $427.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $211.0K |
| Other Non-Cash Items | $72.0K |
| Change in Working Capital | $711.0K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19.0K |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | $17M |
| Net Debt Issuance | $19M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$32M |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $104M |
| Short-Term Investments | $759M |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $873M |
| PP&E (Net) | $21M |
| Goodwill | $12M |
| Intangible Assets | $2M |
| Long-Term Investments | $1.2B |
| Tax Assets | $20M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $2M |
| Short-Term Debt | $48M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $97M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $105M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $18M |
| Additional Paid-In Capital | $14M |
| Retained Earnings | $180M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$57M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $155M |
| Minority Interest | $0 |
| TOTAL EQUITY | $155M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $145M |
| Net Debt | $41M |
