| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77M | $75M | $59M | 3.2% | 31.7% |
| Op. Income | $20M | $25M | $23M | -19.5% | -11.9% |
| Gross Margin | 79.1% | 88.5% | 99.2% | -9.3pp | -20.1pp |
| Net Margin | 21.8% | 27.3% | 31.6% | -5.5pp | -9.9pp |
| EPS (Diluted) | $0.48 | $0.58 | $0.52 | -17.2% | -7.7% |
| Free Cash Flow | $23M | $19M | $23M | 24.0% | 3.3% |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $61M |
| R&D Expenses | $0 |
| Selling & Marketing | $441.0K |
| General & Administrative | $26M |
| SG&A Expenses | $26M |
| Other Expenses | $15M |
| Operating Expenses | $41M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $20M |
| Interest Income | $70M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $2M |
| EBIT | $20M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $61M |
| R&D Expenses | $0 |
| Selling & Marketing | $441.0K |
| General & Administrative | $26M |
| SG&A Expenses | $26M |
| Other Expenses | $15M |
| Operating Expenses | $41M |
| Cost & Expenses | $57M |
| OPERATING INCOME | $20M |
| Interest Income | $70M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $2M |
| EBIT | $20M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $985.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$824.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | -$108M |
| NET CASH FROM INVESTING | -$80M |
| Net Debt Issuance | $67M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$194M |
| NET CASH FROM FINANCING | -$137M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | -$193M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $108M |
| Short-Term Investments | $1.3B |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $79M |
| Goodwill | $241M |
| Intangible Assets | $6M |
| Long-Term Investments | $5.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $131M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $0 |
| Short-Term Debt | $38M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.6B |
| TOTAL CURRENT LIABILITIES | $5.8B |
| Long-Term Debt | $472M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $472M |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $550M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $367M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$97M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $820M |
| Minority Interest | $0 |
| TOTAL EQUITY | $820M |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $510M |
| Net Debt | $401M |
