| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $94M | $96M | $69M | -2.2% | 36.2% |
| Op. Income | $18M | $20M | $28M | -11.3% | -36.9% |
| Gross Margin | 48.4% | 48.8% | 79.8% | -0.4pp | -31.4pp |
| Net Margin | 15.1% | 16.9% | 31.4% | -1.8pp | -16.3pp |
| EPS (Diluted) | $0.11 | $0.12 | $0.16 | -8.3% | -31.3% |
| Free Cash Flow | $9M | $14M | $15M | -33.7% | -41.2% |
| Item | Amount |
|---|---|
| REVENUE | $94M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $45M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $13M |
| Operating Expenses | $28M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $18M |
| Interest Income | $90M |
| Interest Expense | $48M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $3M |
| EBIT | $18M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $94M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $45M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $13M |
| Operating Expenses | $28M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $18M |
| Interest Income | $90M |
| Interest Expense | $48M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $3M |
| EBIT | $18M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $410.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $44M |
| Other Investing Activities | -$176M |
| NET CASH FROM INVESTING | -$133M |
| Net Debt Issuance | $51M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $94M |
| NET CASH FROM FINANCING | $134M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $1.5B |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $92M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8.0B |
| Tax Assets | $24M |
| Other Non-Current Assets | $441M |
| TOTAL NON-CURRENT ASSETS | $8.5B |
| TOTAL ASSETS | $10.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.1B |
| TOTAL CURRENT LIABILITIES | $6.1B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $173M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $9.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $50M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$119M |
| Other Equity | -$29M |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $10.1B |
| Total Debt | $2.7B |
| Net Debt | $2.6B |
