| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $167M | $165M | $117M | 1.4% | 43.4% |
| Op. Income | $35M | $37M | $49M | -6.1% | -29.6% |
| Gross Margin | 43.1% | 45.3% | 73.1% | -2.2pp | -30.0pp |
| Net Margin | 16.3% | 17.4% | 31.9% | -1.0pp | -15.6pp |
| EPS (Diluted) | $0.91 | $0.94 | $1.16 | -3.2% | -21.6% |
| Free Cash Flow | $47M | $31M | $15M | 53.5% | 223.5% |
| Item | Amount |
|---|---|
| REVENUE | $167M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $768.0K |
| General & Administrative | $25M |
| SG&A Expenses | $26M |
| Other Expenses | $12M |
| Operating Expenses | $38M |
| Cost & Expenses | $133M |
| OPERATING INCOME | $35M |
| Interest Income | $161M |
| Interest Expense | $90M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $871.0K |
| EBIT | $35M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $167M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $768.0K |
| General & Administrative | $25M |
| SG&A Expenses | $26M |
| Other Expenses | $12M |
| Operating Expenses | $38M |
| Cost & Expenses | $133M |
| OPERATING INCOME | $35M |
| Interest Income | $161M |
| Interest Expense | $90M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $871.0K |
| EBIT | $35M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $871.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$77.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $56M |
| Other Investing Activities | -$130M |
| NET CASH FROM INVESTING | -$74M |
| Net Debt Issuance | -$537M |
| Common Stock Repurchased | $2.0K |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $647M |
| NET CASH FROM FINANCING | $97M |
| FREE CASH FLOW | $47M |
| Net Change in Cash | $70M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $244M |
| Short-Term Investments | $1.5B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $31M |
| Goodwill | $0 |
| Intangible Assets | $105M |
| Long-Term Investments | $8.9B |
| Tax Assets | $99M |
| Other Non-Current Assets | $344M |
| TOTAL NON-CURRENT ASSETS | $9.4B |
| TOTAL ASSETS | $11.2B |
| Account Payables | $0 |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.4B |
| TOTAL CURRENT LIABILITIES | $9.7B |
| Long-Term Debt | $70M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $152M |
| TOTAL NON-CURRENT LIABILITIES | $246M |
| TOTAL LIABILITIES | $9.9B |
| Common Stock | $296.0K |
| Additional Paid-In Capital | $372M |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$212M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $11.2B |
| Total Debt | $1.4B |
| Net Debt | $1.2B |
