| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $19M | $15M | -0.1% | 28.0% |
| Op. Income | $2M | $4M | $5M | -47.7% | -55.9% |
| Gross Margin | 63.1% | 71.3% | 96.2% | -8.1pp | -33.0pp |
| Net Margin | 9.1% | 17.2% | 26.2% | -8.1pp | -17.1pp |
| EPS (Diluted) | $0.23 | $0.43 | $0.52 | -46.5% | -55.8% |
| Free Cash Flow | $3M | -$4M | $9M | 179.0% | -68.3% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $609.0K |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $2M |
| Operating Expenses | $10M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $2M |
| Interest Income | $19M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $464.0K |
| 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 | $488.0K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $609.0K |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $2M |
| Operating Expenses | $10M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $2M |
| Interest Income | $19M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $464.0K |
| 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 | $488.0K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $488.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$443.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$255.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$97.0K |
| Sales/Maturities of Investments | $46M |
| Other Investing Activities | -$59M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $67M |
| NET CASH FROM FINANCING | $51M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $97M |
| Short-Term Investments | $281M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $378M |
| PP&E (Net) | $34M |
| Goodwill | $15M |
| Intangible Assets | $643.0K |
| Long-Term Investments | $1.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $55M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $0 |
| Short-Term Debt | $67M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $95M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $111M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $8M |
| Additional Paid-In Capital | $93M |
| Retained Earnings | $54M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $2M |
| TOTAL STOCKHOLDERS' EQUITY | $124M |
| Minority Interest | $0 |
| TOTAL EQUITY | $124M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $166M |
| Net Debt | $68M |
