| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $25M | $24M | 12.3% | 17.7% |
| Op. Income | $2M | $4M | $2M | -45.0% | -1.9% |
| Gross Margin | 73.8% | 81.7% | 91.8% | -7.9pp | -18.0pp |
| Net Margin | 7.2% | 13.0% | 7.4% | -5.8pp | -0.2pp |
| EPS (Diluted) | $0.26 | $0.42 | $0.24 | -38.1% | 8.3% |
| Free Cash Flow | -$11M | -$5M | $7M | -141.9% | -255.1% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $309.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $7M |
| Operating Expenses | $18M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $2M |
| Interest Income | $22M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $344.0K |
| 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 | $2M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $309.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $7M |
| Operating Expenses | $18M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $2M |
| Interest Income | $22M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $344.0K |
| 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 | $2M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $223.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | -$760.0K |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | -$45M |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $69M |
| Common Stock Repurchased | -$231.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$29M |
| NET CASH FROM FINANCING | $38M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $326M |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $360M |
| PP&E (Net) | $89M |
| Goodwill | $35M |
| Intangible Assets | $22M |
| Long-Term Investments | $1.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $89M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $250M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $250M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $85.0K |
| Additional Paid-In Capital | $109M |
| Retained Earnings | $93M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$24M |
| Other Equity | -$5M |
| TOTAL STOCKHOLDERS' EQUITY | $163M |
| Minority Interest | $0 |
| TOTAL EQUITY | $163M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $250M |
| Net Debt | $227M |
