| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $14M | $8M | 4.3% | 81.3% |
| Op. Income | $2M | $2M | -$1M | -7.6% | 221.9% |
| Gross Margin | 45.5% | 47.8% | 73.1% | -2.3pp | -27.6pp |
| Net Margin | 9.3% | 10.3% | -13.0% | -1.0pp | 22.2pp |
| EPS (Diluted) | $0.16 | $0.17 | $-0.12 | -5.9% | 233.3% |
| Free Cash Flow | $278.0K | $2M | $3M | -85.3% | -90.9% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $201.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $1M |
| Operating Expenses | $5M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $2M |
| Interest Income | $14M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $440.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $65.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $201.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $1M |
| Operating Expenses | $5M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $2M |
| Interest Income | $14M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $440.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $65.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $65.0K |
| Stock-Based Compensation | $134.0K |
| Deferred Income Tax | -$27.0K |
| Other Non-Cash Items | -$270.0K |
| Change in Working Capital | -$828.0K |
| OPERATING CASH FLOW | $415.0K |
| Capital Expenditure | -$137.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$130.0K |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | -$590.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $26M |
| NET CASH FROM FINANCING | $15M |
| FREE CASH FLOW | $278.0K |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $97M |
| Short-Term Investments | $5M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $106M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.1B |
| Tax Assets | $5M |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $813M |
| TOTAL CURRENT LIABILITIES | $813M |
| Long-Term Debt | $224M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $236M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $92.0K |
| Additional Paid-In Capital | $89M |
| Retained Earnings | $83M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $246.0K |
| Other Equity | -$7M |
| TOTAL STOCKHOLDERS' EQUITY | $166M |
| Minority Interest | $0 |
| TOTAL EQUITY | $166M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $224M |
| Net Debt | $127M |
