| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | $38M | $29M | 31.7% | 73.1% |
| Op. Income | -$1M | $9M | $14M | -115.0% | -110.0% |
| Gross Margin | 44.2% | 59.8% | 87.4% | -15.6pp | -43.2pp |
| Net Margin | -2.5% | 17.9% | 35.3% | -20.4pp | -37.8pp |
| EPS (Diluted) | $-0.05 | $0.35 | $0.52 | -114.3% | -109.6% |
| Free Cash Flow | $88M | $6M | $16M | 1315.9% | 468.2% |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $220.0K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $13M |
| Operating Expenses | $23M |
| Cost & Expenses | $51M |
| OPERATING INCOME | -$1M |
| Interest Income | $50M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$78.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $880.0K |
| EBIT | -$1M |
| EBITDA | -$469.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $880.0K |
| Stock-Based Compensation | $424.0K |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $90M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $89M |
| Capital Expenditure | -$562.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $87M |
| Other Investing Activities | $77M |
| NET CASH FROM INVESTING | $146M |
| Net Debt Issuance | -$131M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$105M |
| NET CASH FROM FINANCING | -$237M |
| FREE CASH FLOW | $88M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $160M |
| Short-Term Investments | $88M |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $263M |
| PP&E (Net) | $21M |
| Goodwill | $44M |
| Intangible Assets | $11M |
| Long-Term Investments | $3.0B |
| Tax Assets | $24M |
| Other Non-Current Assets | $161M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.0B |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $188M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $227M |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $134M |
| Additional Paid-In Capital | $122M |
| Retained Earnings | $134M |
| Treasury Stock | -$21M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $361M |
| Minority Interest | $0 |
| TOTAL EQUITY | $361M |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $188M |
| Net Debt | $28M |
