| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $36M | $31M | 10.2% | 27.2% |
| Op. Income | $7M | $6M | $4M | 5.5% | 78.2% |
| Gross Margin | 70.3% | 75.8% | 90.1% | -5.5pp | -19.7pp |
| Net Margin | 13.3% | 14.0% | 10.9% | -0.6pp | 2.4pp |
| EPS (Diluted) | $0.30 | $0.29 | $0.19 | 3.4% | 57.9% |
| Free Cash Flow | -$6M | $10M | -$12M | -156.2% | 50.2% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $673.0K |
| General & Administrative | $13M |
| SG&A Expenses | $14M |
| Other Expenses | $7M |
| Operating Expenses | $21M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $7M |
| Interest Income | $31M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| 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 | $7M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $673.0K |
| General & Administrative | $13M |
| SG&A Expenses | $14M |
| Other Expenses | $7M |
| Operating Expenses | $21M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $7M |
| Interest Income | $31M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| 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 | $7M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $408.0K |
| Deferred Income Tax | -$772.0K |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$396.0K |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | -$38M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $111M |
| NET CASH FROM FINANCING | $99M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $73M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $421M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $448M |
| PP&E (Net) | $42M |
| Goodwill | $49M |
| Intangible Assets | $5M |
| Long-Term Investments | $2.3B |
| Tax Assets | $28M |
| Other Non-Current Assets | $210M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.6B |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $218M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $234M |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $18M |
| Additional Paid-In Capital | $168M |
| Retained Earnings | $117M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$63M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $239M |
| Minority Interest | $0 |
| TOTAL EQUITY | $239M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $218M |
| Net Debt | $192M |
