| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $27M | $24M | 1.2% | 16.3% |
| Op. Income | $6M | $6M | $9M | -0.6% | -33.1% |
| Gross Margin | 67.7% | 71.3% | 92.0% | -3.6pp | -24.3pp |
| Net Margin | 19.2% | 19.5% | 32.2% | -0.3pp | -13.0pp |
| EPS (Diluted) | $0.93 | $0.94 | $1.36 | -1.1% | -31.6% |
| Free Cash Flow | $4M | $6M | $12M | -30.0% | -63.3% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $461.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $6M |
| Operating Expenses | $13M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $6M |
| Interest Income | $24M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $590.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $2M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $461.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $6M |
| Operating Expenses | $13M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $6M |
| Interest Income | $24M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $590.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $2M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $358.0K |
| Deferred Income Tax | -$265.0K |
| Other Non-Cash Items | -$681.0K |
| Change in Working Capital | -$145.0K |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $48M |
| Common Stock Repurchased | -$118.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$227.0K |
| NET CASH FROM FINANCING | $46M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $353M |
| Net Receivables | $43M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $506M |
| PP&E (Net) | $42M |
| Goodwill | $20M |
| Intangible Assets | $1M |
| Long-Term Investments | $1.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $89M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $17M |
| Short-Term Debt | $124M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.2B |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $117M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $130M |
| Treasury Stock | -$296.0K |
| Accum. Other Comp. Income | -$82M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $165M |
| Minority Interest | $0 |
| TOTAL EQUITY | $165M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $142M |
| Net Debt | $31M |
