| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $37M | $35M | -0.9% | 6.7% |
| Op. Income | $6M | $13M | $15M | -54.4% | -60.9% |
| Gross Margin | 70.6% | 87.6% | 98.3% | -16.9pp | -27.7pp |
| Net Margin | 12.4% | 25.4% | 32.1% | -13.0pp | -19.7pp |
| EPS (Diluted) | $0.28 | $0.59 | $0.69 | -52.5% | -59.4% |
| Free Cash Flow | $8M | $12M | $8M | -36.1% | -3.0% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $296.0K |
| General & Administrative | $12M |
| SG&A Expenses | $13M |
| Other Expenses | $7M |
| Operating Expenses | $20M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $6M |
| Interest Income | $35M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $740.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $296.0K |
| General & Administrative | $12M |
| SG&A Expenses | $13M |
| Other Expenses | $7M |
| Operating Expenses | $20M |
| Cost & Expenses | $31M |
| OPERATING INCOME | $6M |
| Interest Income | $35M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $740.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $740.0K |
| Stock-Based Compensation | $467.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $830.0K |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$385.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.0K |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | $36M |
| Net Debt Issuance | -$113M |
| Common Stock Repurchased | $65.0K |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $75M |
| NET CASH FROM FINANCING | -$43M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $771M |
| Net Receivables | $79M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $890M |
| PP&E (Net) | $31M |
| Goodwill | $73M |
| Intangible Assets | $4M |
| Long-Term Investments | $3.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $68M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $25M |
| Short-Term Debt | $295M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.3B |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $217M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $277M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$69M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $424M |
| Minority Interest | $0 |
| TOTAL EQUITY | $424M |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $320M |
| Net Debt | $281M |
