| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $85M | $86M | $68M | -1.0% | 26.2% |
| Op. Income | $38M | $41M | $35M | -6.9% | 8.6% |
| Gross Margin | 82.7% | 85.4% | 95.9% | -2.7pp | -13.2pp |
| Net Margin | 35.0% | 38.0% | 40.5% | -3.0pp | -5.5pp |
| EPS (Diluted) | $1.98 | $2.16 | $1.83 | -8.3% | 8.2% |
| Free Cash Flow | $36M | $26M | $36M | 37.1% | 0.9% |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $790.0K |
| General & Administrative | $19M |
| SG&A Expenses | $20M |
| Other Expenses | $13M |
| Operating Expenses | $33M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $38M |
| Interest Income | $70M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $3M |
| EBIT | $38M |
| EBITDA | $41M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $790.0K |
| General & Administrative | $19M |
| SG&A Expenses | $20M |
| Other Expenses | $13M |
| Operating Expenses | $33M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $38M |
| Interest Income | $70M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $3M |
| EBIT | $38M |
| EBITDA | $41M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $681.0K |
| Deferred Income Tax | -$627.0K |
| Other Non-Cash Items | $136.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$665.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $48M |
| Other Investing Activities | -$87M |
| NET CASH FROM INVESTING | -$75M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$70M |
| NET CASH FROM FINANCING | -$82M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | -$121M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $111M |
| Short-Term Investments | $1.4B |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $73M |
| Goodwill | $150M |
| Intangible Assets | $13M |
| Long-Term Investments | $4.0B |
| Tax Assets | $59M |
| Other Non-Current Assets | $280M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $0 |
| Short-Term Debt | $279M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.9B |
| TOTAL CURRENT LIABILITIES | $5.2B |
| Long-Term Debt | $100M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $142M |
| TOTAL NON-CURRENT LIABILITIES | $242M |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $48M |
| Additional Paid-In Capital | $177M |
| Retained Earnings | $763M |
| Treasury Stock | -$211M |
| Accum. Other Comp. Income | -$167M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $610M |
| Minority Interest | $0 |
| TOTAL EQUITY | $610M |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $379M |
| Net Debt | $268M |
