| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $20M | $50M | -20.7% | -68.8% |
| Op. Income | $12M | $17M | $47M | -27.9% | -74.5% |
| Gross Margin | 75.8% | 80.8% | 95.4% | -5.0pp | -19.6pp |
| Net Margin | 77.0% | 84.7% | 94.2% | -7.7pp | -17.2pp |
| EPS (Diluted) | $0.36 | $0.50 | $1.42 | -28.0% | -74.6% |
| Free Cash Flow | $21M | $994.0K | $14M | 2023.9% | 46.4% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$2M |
| Operating Expenses | -$188.0K |
| Cost & Expenses | $4M |
| OPERATING INCOME | $12M |
| Interest Income | $13M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $0 |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$2M |
| Operating Expenses | -$188.0K |
| Cost & Expenses | $4M |
| OPERATING INCOME | $12M |
| Interest Income | $13M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $0 |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $48M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$75.0K |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $51M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $692M |
| TOTAL NON-CURRENT ASSETS | $692M |
| TOTAL ASSETS | $743M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $262M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $293M |
| TOTAL LIABILITIES | $296M |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $397M |
| Retained Earnings | -$8M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $58M |
| TOTAL STOCKHOLDERS' EQUITY | $446M |
| Minority Interest | $0 |
| TOTAL EQUITY | $446M |
| TOTAL LIABILITIES & EQUITY | $743M |
| Total Debt | $262M |
| Net Debt | $218M |
