| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $48M | $30M | 2.4% | 63.0% |
| Op. Income | $13M | $10M | $12M | 26.3% | 10.9% |
| Gross Margin | 51.1% | 47.6% | 75.2% | 3.5pp | -24.1pp |
| Net Margin | 19.9% | 16.7% | 30.5% | 3.3pp | -10.6pp |
| EPS (Diluted) | $1.25 | $1.02 | $1.18 | 22.5% | 5.9% |
| Free Cash Flow | $13M | $12M | $18M | 7.6% | -29.4% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $184.0K |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $5M |
| Operating Expenses | $12M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $13M |
| Interest Income | $48M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $903.0K |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $184.0K |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $5M |
| Operating Expenses | $12M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $13M |
| Interest Income | $48M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $903.0K |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $903.0K |
| Stock-Based Compensation | $641.0K |
| Deferred Income Tax | $562.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$144.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$63.0K |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$20M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $257M |
| Short-Term Investments | $98M |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $371M |
| PP&E (Net) | $27M |
| Goodwill | $3M |
| Intangible Assets | $0 |
| Long-Term Investments | $2.8B |
| Tax Assets | $9M |
| Other Non-Current Assets | $89M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $3.2B |
| 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 | $64M |
| TOTAL NON-CURRENT LIABILITIES | $223M |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $117M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $142M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $258M |
| Minority Interest | $0 |
| TOTAL EQUITY | $258M |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $159M |
| Net Debt | -$98M |
