| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $64M | $62M | $45M | 2.9% | 41.6% |
| Op. Income | $16M | $18M | $19M | -11.2% | -16.6% |
| Gross Margin | 67.7% | 70.7% | 88.8% | -3.0pp | -21.1pp |
| Net Margin | 20.8% | 24.0% | 34.1% | -3.3pp | -13.4pp |
| EPS (Diluted) | $0.36 | $0.40 | $0.46 | -10.0% | -21.7% |
| Free Cash Flow | $17M | $16M | $19M | 5.4% | -11.5% |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $492.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $13M |
| Operating Expenses | $28M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $16M |
| Interest Income | $54M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $2M |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $492.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $13M |
| Operating Expenses | $28M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $16M |
| Interest Income | $54M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $2M |
| EBIT | $16M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $744.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$239.0K |
| Sales/Maturities of Investments | $30M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | $25M |
| Net Debt Issuance | -$300M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $241M |
| NET CASH FROM FINANCING | -$65M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $1.2B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $45M |
| Goodwill | $168M |
| Intangible Assets | $23M |
| Long-Term Investments | $3.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $328M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.5B |
| TOTAL CURRENT LIABILITIES | $4.5B |
| Long-Term Debt | $89M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $144M |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $365M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $229M |
| Treasury Stock | -$25M |
| Accum. Other Comp. Income | -$252M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $316M |
| Minority Interest | $0 |
| TOTAL EQUITY | $316M |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $89M |
| Net Debt | $63M |
