| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | $35M | $26M | 8.8% | 44.5% |
| Op. Income | $9M | $9M | $12M | -2.0% | -23.0% |
| Gross Margin | 59.8% | 64.8% | 87.7% | -5.0pp | -27.8pp |
| Net Margin | 17.9% | 20.0% | 33.5% | -2.1pp | -15.6pp |
| EPS (Diluted) | $0.35 | $0.36 | $0.45 | -2.8% | -22.2% |
| Free Cash Flow | $6M | $8M | $8M | -21.6% | -22.5% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $233.0K |
| General & Administrative | $8M |
| SG&A Expenses | $9M |
| Other Expenses | $5M |
| Operating Expenses | $14M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $9M |
| Interest Income | $37M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $479.0K |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $233.0K |
| General & Administrative | $8M |
| SG&A Expenses | $9M |
| Other Expenses | $5M |
| Operating Expenses | $14M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $9M |
| Interest Income | $37M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $479.0K |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $479.0K |
| Stock-Based Compensation | $412.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$511.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | -$42M |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $158M |
| NET CASH FROM FINANCING | $51M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $170M |
| Short-Term Investments | $86M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $265M |
| PP&E (Net) | $12M |
| Goodwill | $18M |
| Intangible Assets | $1M |
| Long-Term Investments | $2.5B |
| Tax Assets | $14M |
| Other Non-Current Assets | $104M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $153M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $179M |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $105M |
| Additional Paid-In Capital | $81M |
| Retained Earnings | $136M |
| Treasury Stock | -$21M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $294M |
| Minority Interest | $0 |
| TOTAL EQUITY | $294M |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $153M |
| Net Debt | -$17M |
