| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48M | $46M | $28M | 4.6% | 74.1% |
| Op. Income | $10M | $14M | $15M | -24.9% | -34.3% |
| Gross Margin | 47.6% | 57.3% | 96.0% | -9.7pp | -48.4pp |
| Net Margin | 16.7% | 22.7% | 43.7% | -6.0pp | -27.0pp |
| EPS (Diluted) | $1.02 | $1.33 | $1.55 | -23.3% | -34.2% |
| Free Cash Flow | $12M | $6M | $22M | 82.3% | -46.1% |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $177.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $5M |
| Operating Expenses | $13M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $10M |
| Interest Income | $47M |
| Interest Expense | $23M |
| 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 | $896.0K |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $48M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $177.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $5M |
| Operating Expenses | $13M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $10M |
| Interest Income | $47M |
| Interest Expense | $23M |
| 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 | $896.0K |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $896.0K |
| Stock-Based Compensation | $666.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$948.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12.0K |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $207M |
| Short-Term Investments | $100M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $321M |
| PP&E (Net) | $28M |
| Goodwill | $3M |
| Intangible Assets | $0 |
| Long-Term Investments | $2.8B |
| Tax Assets | $10M |
| Other Non-Current Assets | $138M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $159M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $159M |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $117M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $134M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $249M |
| Minority Interest | $0 |
| TOTAL EQUITY | $249M |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $159M |
| Net Debt | -$48M |
