| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $58M | $59M | $36M | -2.3% | 61.3% |
| Op. Income | -$5M | -$3M | $4M | -79.0% | -216.2% |
| Gross Margin | 56.2% | 47.2% | 77.5% | 9.0pp | -21.4pp |
| Net Margin | -10.4% | -3.4% | 8.1% | -7.1pp | -18.6pp |
| EPS (Diluted) | $0.31 | $-0.01 | $0.20 | 4178.9% | 55.0% |
| Free Cash Flow | -$930.0K | -$25M | $10M | 96.2% | -108.9% |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $377.0K |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $22M |
| Operating Expenses | $37M |
| Cost & Expenses | $62M |
| OPERATING INCOME | -$5M |
| Interest Income | $48M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $2M |
| EBIT | -$5M |
| EBITDA | -$2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $76.0K |
| Deferred Income Tax | -$373.0K |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$930.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$24M |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | -$930.0K |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $94M |
| Short-Term Investments | $217M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $311M |
| PP&E (Net) | $25M |
| Goodwill | $93M |
| Intangible Assets | $2M |
| Long-Term Investments | $3.2B |
| Tax Assets | $22M |
| Other Non-Current Assets | $172M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $0 |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.3B |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $96M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $134M |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $246.0K |
| Additional Paid-In Capital | $313M |
| Retained Earnings | $100M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $383M |
| Minority Interest | $0 |
| TOTAL EQUITY | $383M |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $99M |
| Net Debt | $5M |
