| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $127M | $125M | $100M | 2.0% | 26.9% |
| Op. Income | $29M | $29M | $39M | -0.7% | -27.2% |
| Gross Margin | 50.6% | 51.5% | 71.3% | -0.9pp | -20.6pp |
| Net Margin | 16.8% | 17.1% | 28.8% | -0.3pp | -12.0pp |
| EPS (Diluted) | $0.51 | $0.51 | $0.70 | 0.0% | -27.1% |
| Free Cash Flow | $26M | $21M | $23M | 28.1% | 15.5% |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $64M |
| R&D Expenses | $0 |
| Selling & Marketing | $554.0K |
| General & Administrative | $24M |
| SG&A Expenses | $25M |
| Other Expenses | $11M |
| Operating Expenses | $36M |
| Cost & Expenses | $99M |
| OPERATING INCOME | $29M |
| Interest Income | $123M |
| Interest Expense | $61M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $1M |
| EBIT | $29M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $64M |
| R&D Expenses | $0 |
| Selling & Marketing | $554.0K |
| General & Administrative | $24M |
| SG&A Expenses | $25M |
| Other Expenses | $11M |
| Operating Expenses | $36M |
| Cost & Expenses | $99M |
| OPERATING INCOME | $29M |
| Interest Income | $123M |
| Interest Expense | $61M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $1M |
| EBIT | $29M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$470.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | -$37M |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | $60M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$100M |
| NET CASH FROM FINANCING | -$54M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | -$67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $253M |
| Short-Term Investments | $582M |
| Net Receivables | $47M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $882M |
| PP&E (Net) | $40M |
| Goodwill | $208M |
| Intangible Assets | $6M |
| Long-Term Investments | $8.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $432M |
| TOTAL NON-CURRENT ASSETS | $8.8B |
| TOTAL ASSETS | $9.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.4B |
| TOTAL CURRENT LIABILITIES | $7.4B |
| Long-Term Debt | $967M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $73M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $8.5B |
| Common Stock | $587M |
| Additional Paid-In Capital | $32M |
| Retained Earnings | $580M |
| Treasury Stock | -$68M |
| Accum. Other Comp. Income | -$53M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $9.7B |
| Total Debt | $979M |
| Net Debt | $726M |
