| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $45M | $43M | $31M | 3.0% | 46.2% |
| Op. Income | $11M | $10M | $8M | 11.9% | 38.4% |
| Gross Margin | 77.5% | 76.8% | 86.6% | 0.7pp | -9.1pp |
| Net Margin | 20.4% | 18.9% | 21.9% | 1.5pp | -1.5pp |
| EPS (Diluted) | $1.16 | $1.04 | $0.83 | 11.5% | 39.8% |
| Free Cash Flow | $24M | $18M | $31M | 34.3% | -23.6% |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $430.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $9M |
| Operating Expenses | $23M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $11M |
| Interest Income | $41M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $3M |
| EBIT | $11M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $430.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $9M |
| Operating Expenses | $23M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $11M |
| Interest Income | $41M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $3M |
| EBIT | $11M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $364.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$159.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | -$65M |
| NET CASH FROM INVESTING | -$62M |
| Net Debt Issuance | $192M |
| Common Stock Repurchased | -$279.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$78M |
| NET CASH FROM FINANCING | $113M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $147M |
| Short-Term Investments | $226M |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $385M |
| PP&E (Net) | $39M |
| Goodwill | $4M |
| Intangible Assets | $37M |
| Long-Term Investments | $2.4B |
| Tax Assets | $6M |
| Other Non-Current Assets | $68M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $249M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $290M |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $77.0K |
| Additional Paid-In Capital | $57M |
| Retained Earnings | $216M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $250M |
| Minority Interest | $0 |
| TOTAL EQUITY | $250M |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $257M |
| Net Debt | $110M |
