| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46M | $45M | $33M | 1.9% | 40.6% |
| Op. Income | $16M | $17M | $17M | -8.0% | -4.5% |
| Gross Margin | 59.5% | 63.6% | 80.6% | -4.1pp | -21.1pp |
| Net Margin | 23.9% | 28.1% | 35.7% | -4.2pp | -11.7pp |
| EPS (Diluted) | $0.64 | $0.74 | $0.68 | -13.5% | -5.9% |
| Free Cash Flow | $15M | $25M | $16M | -40.4% | -8.0% |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $535.0K |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $16M |
| Interest Income | $45M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $403.0K |
| EBIT | $16M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $535.0K |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $16M |
| Interest Income | $45M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $403.0K |
| EBIT | $16M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $403.0K |
| Stock-Based Compensation | $245.0K |
| Deferred Income Tax | $9.0K |
| Other Non-Cash Items | $321.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$135.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$83M |
| NET CASH FROM INVESTING | -$81M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $102M |
| NET CASH FROM FINANCING | $89M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $331M |
| Short-Term Investments | $104M |
| Net Receivables | $44M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $478M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $30M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.0B |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $164M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $169M |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $220M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $70M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $274M |
| Minority Interest | $0 |
| TOTAL EQUITY | $274M |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $169M |
| Net Debt | -$162M |
