| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $102M | $85M | $72M | 20.3% | 40.7% |
| Op. Income | $20M | $21M | $23M | -4.0% | -12.3% |
| Gross Margin | 64.7% | 71.4% | 88.1% | -6.7pp | -23.3pp |
| Net Margin | 14.9% | 19.6% | 24.8% | -4.7pp | -10.0pp |
| EPS (Diluted) | $0.68 | $0.80 | $0.88 | -15.0% | -22.7% |
| Free Cash Flow | $4M | $17M | $33M | -74.5% | -87.0% |
| Item | Amount |
|---|---|
| REVENUE | $102M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $764.0K |
| General & Administrative | $26M |
| SG&A Expenses | $27M |
| Other Expenses | $18M |
| Operating Expenses | $45M |
| Cost & Expenses | $81M |
| OPERATING INCOME | $20M |
| Interest Income | $80M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $3M |
| EBIT | $20M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $102M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $764.0K |
| General & Administrative | $26M |
| SG&A Expenses | $27M |
| Other Expenses | $18M |
| Operating Expenses | $45M |
| Cost & Expenses | $81M |
| OPERATING INCOME | $20M |
| Interest Income | $80M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $3M |
| EBIT | $20M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $469.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$609.0K |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $55M |
| Purchases of Investments | $17.0K |
| Sales/Maturities of Investments | $293M |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | $355M |
| Net Debt Issuance | -$85M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$62M |
| NET CASH FROM FINANCING | -$152M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $209M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $377M |
| Short-Term Investments | $1.2B |
| Net Receivables | $36M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $116M |
| Goodwill | $196M |
| Intangible Assets | $71M |
| Long-Term Investments | $5.5B |
| Tax Assets | $105M |
| Other Non-Current Assets | $257M |
| TOTAL NON-CURRENT ASSETS | $6.2B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $7M |
| Short-Term Debt | $215M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.3B |
| TOTAL CURRENT LIABILITIES | $6.6B |
| Long-Term Debt | $496M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $549M |
| TOTAL LIABILITIES | $7.1B |
| Common Stock | $100M |
| Additional Paid-In Capital | $509M |
| Retained Earnings | $326M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$179M |
| Other Equity | $2M |
| TOTAL STOCKHOLDERS' EQUITY | $738M |
| Minority Interest | $0 |
| TOTAL EQUITY | $738M |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $725M |
| Net Debt | $348M |
