| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | $23M | $17M | 10.6% | 50.6% |
| Op. Income | $3M | $2M | $5M | 13.7% | -44.5% |
| Gross Margin | 63.2% | 64.3% | 91.4% | -1.1pp | -28.2pp |
| Net Margin | 9.0% | 8.8% | 23.8% | 0.2pp | -14.8pp |
| EPS (Diluted) | $0.66 | $0.59 | $1.17 | 11.9% | -43.6% |
| Free Cash Flow | $14M | -$3M | $2M | 596.7% | 610.5% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $228.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $5M |
| Operating Expenses | $14M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $3M |
| Interest Income | $22M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $457.0K |
| 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 | $253.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $228.0K |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $5M |
| Operating Expenses | $14M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $3M |
| Interest Income | $22M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $457.0K |
| 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 | $253.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $253.0K |
| Stock-Based Compensation | $263.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$169.0K |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$611.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $31M |
| NET CASH FROM INVESTING | $34M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | -$175.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $40M |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $134M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $197M |
| PP&E (Net) | $18M |
| Goodwill | $0 |
| Intangible Assets | $83.0K |
| Long-Term Investments | $1.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $156M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $0 |
| Short-Term Debt | $145M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $29M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $9M |
| Additional Paid-In Capital | $14M |
| Retained Earnings | $102M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $101M |
| Minority Interest | $0 |
| TOTAL EQUITY | $101M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $174M |
| Net Debt | $111M |
