| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62M | $62M | $44M | 1.0% | 42.3% |
| Op. Income | $18M | $8M | $19M | 128.4% | -7.8% |
| Gross Margin | 70.7% | 62.3% | 92.7% | 8.3pp | -22.0pp |
| Net Margin | 24.0% | 11.5% | 36.4% | 12.6pp | -12.4pp |
| EPS (Diluted) | $0.40 | $0.19 | $0.47 | 110.5% | -14.9% |
| Free Cash Flow | $16M | $14M | $26M | 16.5% | -37.4% |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $478.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $12M |
| Operating Expenses | $26M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $18M |
| Interest Income | $52M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $3M |
| 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 | $2M |
| EBIT | $18M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $478.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $12M |
| Operating Expenses | $26M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $18M |
| Interest Income | $52M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $3M |
| 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 | $2M |
| EBIT | $18M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $649.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $447.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$608.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$78.0K |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | $96M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$125M |
| NET CASH FROM FINANCING | -$36M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $1.3B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $54M |
| Goodwill | $168M |
| Intangible Assets | $24M |
| Long-Term Investments | $3.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $314M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $0 |
| Short-Term Debt | $300M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.3B |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $88M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $136M |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $365M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $222M |
| Treasury Stock | -$26M |
| Accum. Other Comp. Income | -$194M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $367M |
| Minority Interest | $0 |
| TOTAL EQUITY | $367M |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $388M |
| Net Debt | $359M |
