| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $31M | $23M | 6.1% | 45.3% |
| Op. Income | $10M | $13M | $10M | -20.9% | -1.9% |
| Gross Margin | 53.8% | 65.8% | 77.8% | -12.0pp | -24.1pp |
| Net Margin | 24.0% | 31.6% | 35.7% | -7.6pp | -11.7pp |
| EPS (Diluted) | $0.85 | $1.05 | $0.87 | -19.0% | -2.3% |
| Free Cash Flow | $12M | $5M | $5M | 173.7% | 150.5% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $74.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $2M |
| Operating Expenses | $7M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $10M |
| Interest Income | $32M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $323.0K |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $74.0K |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $2M |
| Operating Expenses | $7M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $10M |
| Interest Income | $32M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $323.0K |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $323.0K |
| Stock-Based Compensation | $565.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$377.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13.0K |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$123M |
| NET CASH FROM INVESTING | -$122M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $83M |
| NET CASH FROM FINANCING | $82M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $187M |
| Short-Term Investments | $167M |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $373M |
| PP&E (Net) | $15M |
| Goodwill | $8M |
| Intangible Assets | $1M |
| Long-Term Investments | $1.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $92.0K |
| Additional Paid-In Capital | $97M |
| Retained Earnings | $80M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $168M |
| Minority Interest | $0 |
| TOTAL EQUITY | $168M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $0 |
| Net Debt | -$187M |
