| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $27M | $21M | 1.7% | 31.6% |
| Op. Income | $5M | $5M | $9M | -4.0% | -42.6% |
| Gross Margin | 52.0% | 50.9% | 81.4% | 1.1pp | -29.4pp |
| Net Margin | 14.5% | 15.5% | 33.3% | -1.0pp | -18.8pp |
| EPS (Diluted) | $0.22 | $0.23 | $0.38 | -4.3% | -42.1% |
| Free Cash Flow | $6M | $3M | $7M | 114.1% | -15.9% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $167.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $3M |
| Operating Expenses | $9M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $5M |
| Interest Income | $27M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $149.0K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $167.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $3M |
| Operating Expenses | $9M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $5M |
| Interest Income | $27M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $149.0K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $149.0K |
| Stock-Based Compensation | $259.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$796.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$43.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $29M |
| NET CASH FROM INVESTING | $35M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | -$30.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$92M |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$721.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $97M |
| Short-Term Investments | $216M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $328M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $1.8B |
| Tax Assets | $19M |
| Other Non-Current Assets | $110M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.0B |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $80M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $178.0K |
| Additional Paid-In Capital | $125M |
| Retained Earnings | $121M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $211M |
| Minority Interest | $0 |
| TOTAL EQUITY | $211M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $29M |
| Net Debt | -$68M |
