| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36M | $34M | $29M | 5.7% | 22.6% |
| Op. Income | $6M | $6M | $6M | -3.1% | -5.0% |
| Gross Margin | 75.8% | 82.7% | 96.3% | -6.9pp | -20.4pp |
| Net Margin | 14.0% | 16.3% | 18.1% | -2.3pp | -4.1pp |
| EPS (Diluted) | $0.29 | $0.31 | $0.34 | -6.5% | -14.7% |
| Free Cash Flow | $10M | $13M | $21M | -18.2% | -50.6% |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $993.0K |
| General & Administrative | $13M |
| SG&A Expenses | $14M |
| Other Expenses | $8M |
| Operating Expenses | $21M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $6M |
| Interest Income | $28M |
| Interest Expense | $8M |
| 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 | $2M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $36M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $993.0K |
| General & Administrative | $13M |
| SG&A Expenses | $14M |
| Other Expenses | $8M |
| Operating Expenses | $21M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $6M |
| Interest Income | $28M |
| Interest Expense | $8M |
| 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 | $2M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $454.0K |
| Deferred Income Tax | $228.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$893.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$65M |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $25M |
| NET CASH FROM FINANCING | $48M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $435M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $460M |
| PP&E (Net) | $42M |
| Goodwill | $49M |
| Intangible Assets | $5M |
| Long-Term Investments | $2.3B |
| Tax Assets | $26M |
| Other Non-Current Assets | $139M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.5B |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $228M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $242M |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $18M |
| Additional Paid-In Capital | $168M |
| Retained Earnings | $113M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$60M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $239M |
| Minority Interest | $0 |
| TOTAL EQUITY | $239M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $228M |
| Net Debt | $203M |
