| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $33M | $26M | 11.0% | 40.1% |
| Op. Income | $10M | $8M | $8M | 23.0% | 18.5% |
| Gross Margin | 68.7% | 71.3% | 87.5% | -2.6pp | -18.8pp |
| Net Margin | 20.9% | 19.1% | 24.7% | 1.8pp | -3.8pp |
| EPS (Diluted) | $1.61 | $1.33 | $1.38 | 21.1% | 16.7% |
| Free Cash Flow | $9M | $7M | $14M | 33.7% | -35.2% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $218.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $6M |
| Operating Expenses | $15M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $10M |
| Interest Income | $29M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $673.0K |
| EBIT | $10M |
| EBITDA | $10M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $218.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $6M |
| Operating Expenses | $15M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $10M |
| Interest Income | $29M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $673.0K |
| EBIT | $10M |
| EBITDA | $10M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $673.0K |
| Stock-Based Compensation | $289.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$882.0K |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$13.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | -$35M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$51M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $83M |
| NET CASH FROM FINANCING | $31M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $569M |
| Net Receivables | $66M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $710M |
| PP&E (Net) | $21M |
| Goodwill | $22M |
| Intangible Assets | $0 |
| Long-Term Investments | $1.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.5B |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $63M |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $53.0K |
| Additional Paid-In Capital | $48M |
| Retained Earnings | $228M |
| Treasury Stock | -$17M |
| Accum. Other Comp. Income | -$89M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $170M |
| Minority Interest | $0 |
| TOTAL EQUITY | $170M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $9M |
| Net Debt | -$66M |
