| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $96M | $101M | $81M | -5.3% | 18.4% |
| Op. Income | $2M | $25M | $31M | -92.3% | -93.8% |
| Gross Margin | 51.8% | 68.1% | 90.0% | -16.3pp | -38.1pp |
| Net Margin | 1.7% | 18.5% | 28.4% | -16.8pp | -26.7pp |
| EPS (Diluted) | $0.02 | $0.18 | $0.22 | -88.9% | -90.9% |
| Free Cash Flow | $32M | -$5M | $40M | 708.4% | -19.7% |
| Item | Amount |
|---|---|
| REVENUE | $96M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $786.0K |
| General & Administrative | $34M |
| SG&A Expenses | $35M |
| Other Expenses | $13M |
| Operating Expenses | $48M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $2M |
| Interest Income | $95M |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $257.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $4M |
| EBIT | $2M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $96M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $786.0K |
| General & Administrative | $34M |
| SG&A Expenses | $35M |
| Other Expenses | $13M |
| Operating Expenses | $48M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $2M |
| Interest Income | $95M |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $257.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $4M |
| EBIT | $2M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $262M |
| Other Investing Activities | $48M |
| NET CASH FROM INVESTING | $308M |
| Net Debt Issuance | -$586M |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $40M |
| NET CASH FROM FINANCING | -$568M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | -$226M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $93M |
| Short-Term Investments | $997M |
| Net Receivables | $35M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $83M |
| Goodwill | $0 |
| Intangible Assets | $125M |
| Long-Term Investments | $8.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $626M |
| TOTAL NON-CURRENT ASSETS | $9.0B |
| TOTAL ASSETS | $10.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.7B |
| TOTAL CURRENT LIABILITIES | $7.7B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $228M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $9.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $786M |
| Retained Earnings | $878M |
| Treasury Stock | -$442M |
| Accum. Other Comp. Income | -$166M |
| Other Equity | -$34M |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $10.1B |
| Total Debt | $1.1B |
| Net Debt | $1.0B |
