| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $24M | $18M | -14.3% | 16.5% |
| Op. Income | $135.0K | $6M | $8M | -97.7% | -98.3% |
| Gross Margin | 44.1% | 66.0% | 85.8% | -22.0pp | -41.7pp |
| Net Margin | 3.0% | 20.3% | 37.3% | -17.3pp | -34.3pp |
| EPS (Diluted) | $0.03 | $0.27 | $0.36 | -87.4% | -90.6% |
| Free Cash Flow | $2M | $8M | $4M | -70.5% | -29.3% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $154.0K |
| General & Administrative | $5M |
| SG&A Expenses | $6M |
| Other Expenses | $3M |
| Operating Expenses | $9M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $135.0K |
| Interest Income | $25M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $135.0K |
| Income Tax Expense | -$486.0K |
| Net Income from Continuing Ops | $621.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $621.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $621.0K |
| D&A | $160.0K |
| EBIT | $135.0K |
| EBITDA | $295.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $154.0K |
| General & Administrative | $5M |
| SG&A Expenses | $6M |
| Other Expenses | $3M |
| Operating Expenses | $9M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $135.0K |
| Interest Income | $25M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $135.0K |
| Income Tax Expense | -$486.0K |
| Net Income from Continuing Ops | $621.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $621.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $621.0K |
| D&A | $160.0K |
| EBIT | $135.0K |
| EBITDA | $295.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $621.0K |
| Depreciation & Amortization | $160.0K |
| Stock-Based Compensation | $324.0K |
| Deferred Income Tax | $32.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$59.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $42M |
| Other Investing Activities | -$42M |
| NET CASH FROM INVESTING | -$671.0K |
| Net Debt Issuance | -$46M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $50M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $145M |
| Short-Term Investments | $239M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $398M |
| PP&E (Net) | $11M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $1.8B |
| Tax Assets | $18M |
| Other Non-Current Assets | $105M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $190M |
| TOTAL NON-CURRENT LIABILITIES | $220M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $177.0K |
| Additional Paid-In Capital | $124M |
| Retained Earnings | $113M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $204M |
| Minority Interest | $0 |
| TOTAL EQUITY | $204M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $30M |
| Net Debt | -$115M |
