| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $23M | $18M | 6.7% | 37.2% |
| Op. Income | $9M | $9M | $9M | 8.7% | 10.1% |
| Gross Margin | 76.9% | 79.3% | 92.4% | -2.4pp | -15.5pp |
| Net Margin | 32.4% | 30.7% | 39.5% | 1.6pp | -7.1pp |
| EPS (Diluted) | $0.48 | $0.43 | $0.42 | 11.6% | 14.3% |
| Free Cash Flow | $7M | $5M | $7M | 39.9% | 1.3% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $115.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $3M |
| Operating Expenses | $10M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $9M |
| Interest Income | $22M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $218.0K |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $115.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $3M |
| Operating Expenses | $10M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $9M |
| Interest Income | $22M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $218.0K |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $218.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$525.0K |
| Other Non-Cash Items | -$615.0K |
| Change in Working Capital | $517.0K |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$300.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$39M |
| Sales/Maturities of Investments | $66M |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | -$108M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$547.0K |
| Other Financing Activities | $207M |
| NET CASH FROM FINANCING | $99M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $118M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $183M |
| Short-Term Investments | $317M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $532M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $2.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $57M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.5B |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $49M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $49M |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $10M |
| Retained Earnings | $188M |
| Treasury Stock | -$908.0K |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $179M |
| Minority Interest | $0 |
| TOTAL EQUITY | $179M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $49M |
| Net Debt | -$133M |
