| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $119M | $100M | $49M | 18.9% | 144.2% |
| Op. Income | $17M | $15M | $13M | 8.7% | 28.0% |
| Gross Margin | 38.0% | 40.6% | 67.0% | -2.6pp | -29.0pp |
| Net Margin | 10.9% | 12.4% | 20.9% | -1.5pp | -10.1pp |
| EPS (Diluted) | $0.95 | $0.91 | $0.76 | 4.4% | 25.0% |
| Free Cash Flow | $33M | $46M | $12M | -28.6% | 180.5% |
| Item | Amount |
|---|---|
| REVENUE | $119M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $45M |
| R&D Expenses | $0 |
| Selling & Marketing | $929.0K |
| General & Administrative | $17M |
| SG&A Expenses | $18M |
| Other Expenses | $10M |
| Operating Expenses | $28M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $17M |
| Interest Income | $84M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $490.0K |
| EBIT | $17M |
| EBITDA | $17M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $119M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $45M |
| R&D Expenses | $0 |
| Selling & Marketing | $929.0K |
| General & Administrative | $17M |
| SG&A Expenses | $18M |
| Other Expenses | $10M |
| Operating Expenses | $28M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $17M |
| Interest Income | $84M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $490.0K |
| EBIT | $17M |
| EBITDA | $17M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $490.0K |
| Stock-Based Compensation | $847.0K |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $52M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $41.0K |
| Other Investing Activities | -$210M |
| NET CASH FROM INVESTING | -$221M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $67M |
| NET CASH FROM FINANCING | $67M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | -$119M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $275M |
| Short-Term Investments | $98M |
| Net Receivables | $41M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $414M |
| PP&E (Net) | $25M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.1B |
| Tax Assets | $26M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $28M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.2B |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $48M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $72M |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $128M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $146M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $273M |
| Minority Interest | $0 |
| TOTAL EQUITY | $273M |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $54M |
| Net Debt | -$221M |
