| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $37M | $35M | $27M | 5.8% | 38.8% |
| Op. Income | $8M | $8M | $10M | -6.4% | -27.0% |
| Gross Margin | 64.5% | 68.9% | 86.4% | -4.4pp | -21.8pp |
| Net Margin | 16.0% | 18.3% | 30.7% | -2.2pp | -14.6pp |
| EPS (Diluted) | $0.44 | $0.48 | $0.63 | -8.3% | -30.2% |
| Free Cash Flow | $402.0K | $644.0K | $14M | -37.6% | -97.1% |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $830.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $5M |
| Operating Expenses | $17M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $8M |
| Interest Income | $33M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $1M |
| EBIT | $8M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $37M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $830.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $5M |
| Operating Expenses | $17M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $8M |
| Interest Income | $33M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $1M |
| EBIT | $8M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $480.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$67M |
| NET CASH FROM INVESTING | -$73M |
| Net Debt Issuance | $103M |
| Common Stock Repurchased | -$5.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | $76M |
| FREE CASH FLOW | $402.0K |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73M |
| Short-Term Investments | $363M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $436M |
| PP&E (Net) | $33M |
| Goodwill | $86M |
| Intangible Assets | $6M |
| Long-Term Investments | $2.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $76M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $0 |
| Short-Term Debt | $52M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.5B |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $301M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $322M |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $136M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $216M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $305M |
| Minority Interest | $0 |
| TOTAL EQUITY | $305M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $353M |
| Net Debt | $280M |
