| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39M | $37M | $29M | 4.5% | 34.8% |
| Op. Income | $6M | $8M | $11M | -21.7% | -47.4% |
| Gross Margin | 56.3% | 64.5% | 83.1% | -8.2pp | -26.8pp |
| Net Margin | 12.2% | 16.0% | 30.9% | -3.8pp | -18.7pp |
| EPS (Diluted) | $0.35 | $0.44 | $0.68 | -20.5% | -48.5% |
| Free Cash Flow | $2M | $402.0K | -$1M | 278.9% | 228.2% |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $865.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $5M |
| Operating Expenses | $16M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $6M |
| Interest Income | $36M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| 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 | $1M |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $865.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $5M |
| Operating Expenses | $16M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $6M |
| Interest Income | $36M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| 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 | $1M |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $343.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $88.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$634.0K |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$514.0K |
| Common Stock Repurchased | -$194.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $85M |
| NET CASH FROM FINANCING | $82M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $82M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $155M |
| Short-Term Investments | $348M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $503M |
| PP&E (Net) | $35M |
| Goodwill | $86M |
| Intangible Assets | $6M |
| Long-Term Investments | $2.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $83M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $0 |
| Short-Term Debt | $31M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.6B |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $301M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $326M |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $135M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $219M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | -$39M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $303M |
| Minority Interest | $0 |
| TOTAL EQUITY | $303M |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $331M |
| Net Debt | $177M |
