| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $33M | $27M | -5.1% | 15.0% |
| Op. Income | $24M | $24M | $17M | -2.3% | 39.0% |
| Gross Margin | 74.7% | 100.0% | 100.0% | -25.3pp | -25.3pp |
| Net Margin | 65.0% | 27.0% | -79.1% | 38.1pp | 144.2pp |
| EPS (Diluted) | $0.36 | $0.16 | $-0.53 | 125.0% | 167.9% |
| Free Cash Flow | $17M | $14M | $10M | 18.7% | 77.6% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $901.3K |
| Operating Expenses | $8M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $24M |
| Interest Income | $4M |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | -$23M |
| EBIT | $24M |
| EBITDA | $721.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $901.3K |
| Operating Expenses | $8M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $24M |
| Interest Income | $4M |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | -$23M |
| EBIT | $24M |
| EBITDA | $721.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$745.4K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$5 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$74M |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | $48.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $36M |
| Inventory | $0 |
| Other Current Assets | $936.7K |
| TOTAL CURRENT ASSETS | $50M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $906.5K |
| Tax Assets | $0 |
| Other Non-Current Assets | $715M |
| TOTAL NON-CURRENT ASSETS | $716M |
| TOTAL ASSETS | $766M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25.0K |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $199M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $199M |
| TOTAL LIABILITIES | $210M |
| Common Stock | $753M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$229M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $556M |
| Minority Interest | $0 |
| TOTAL EQUITY | $556M |
| TOTAL LIABILITIES & EQUITY | $766M |
| Total Debt | $199M |
| Net Debt | $186M |
