| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53M | $48M | $47M | 11.2% | 14.0% |
| Op. Income | $4M | $6M | $19M | -23.5% | -77.3% |
| Gross Margin | 57.9% | 63.6% | 90.0% | -5.7pp | -32.1pp |
| Net Margin | 6.8% | 11.9% | 30.8% | -5.1pp | -24.0pp |
| EPS (Diluted) | $0.16 | $0.24 | $0.59 | -33.3% | -72.9% |
| Free Cash Flow | $7M | $3M | $19M | 133.8% | -62.3% |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $363.0K |
| General & Administrative | $15M |
| SG&A Expenses | $16M |
| Other Expenses | $11M |
| Operating Expenses | $26M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $4M |
| Interest Income | $48M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $780.0K |
| 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 | $2M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $363.0K |
| General & Administrative | $15M |
| SG&A Expenses | $16M |
| Other Expenses | $11M |
| Operating Expenses | $26M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $4M |
| Interest Income | $48M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $780.0K |
| 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 | $2M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $395.0K |
| Deferred Income Tax | $197.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$89M |
| NET CASH FROM INVESTING | -$79M |
| Net Debt Issuance | $99M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$21M |
| NET CASH FROM FINANCING | $72M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55M |
| Short-Term Investments | $793M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $849M |
| PP&E (Net) | $74M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $213M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $514M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $565M |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $23M |
| Additional Paid-In Capital | $90M |
| Retained Earnings | $311M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$94M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $331M |
| Minority Interest | $0 |
| TOTAL EQUITY | $331M |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $514M |
| Net Debt | $459M |
