| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41M | $41M | $34M | -0.4% | 22.6% |
| Op. Income | $5M | $7M | $13M | -34.1% | -66.2% |
| Gross Margin | 64.4% | 67.2% | 99.4% | -2.8pp | -35.0pp |
| Net Margin | 9.9% | 14.6% | 33.2% | -4.8pp | -23.3pp |
| EPS (Diluted) | $0.55 | $0.80 | $1.50 | -31.3% | -63.3% |
| Free Cash Flow | $7M | $10M | -$4M | -27.3% | 310.2% |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $116.0K |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $9M |
| Operating Expenses | $22M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $5M |
| Interest Income | $37M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $464.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $696.0K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $41M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $116.0K |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $9M |
| Operating Expenses | $22M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $5M |
| Interest Income | $37M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $464.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $696.0K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $696.0K |
| Stock-Based Compensation | $610.0K |
| Deferred Income Tax | $857.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | -$73M |
| NET CASH FROM INVESTING | -$75M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$20M |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $1.2B |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $58M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $198M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $30M |
| Short-Term Debt | $299M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.0B |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $299M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$299M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $4M |
| Additional Paid-In Capital | $14M |
| Retained Earnings | $427M |
| Treasury Stock | -$28M |
| Accum. Other Comp. Income | -$146M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $271M |
| Minority Interest | $0 |
| TOTAL EQUITY | $271M |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $598M |
| Net Debt | $556M |
