| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $45M | $42M | $26M | 5.0% | 69.7% |
| Op. Income | $12M | $16M | $17M | -29.6% | -31.5% |
| Gross Margin | 41.6% | 55.6% | 88.0% | -13.9pp | -46.4pp |
| Net Margin | 19.1% | 28.2% | 45.1% | -9.1pp | -26.0pp |
| EPS (Diluted) | $3.87 | $5.44 | $5.38 | -28.9% | -28.1% |
| Free Cash Flow | $4M | $9M | $18M | -57.7% | -78.5% |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $212.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $970.0K |
| Operating Expenses | $7M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $12M |
| Interest Income | $41M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $150.0K |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $45M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $212.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $970.0K |
| Operating Expenses | $7M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $12M |
| Interest Income | $41M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $150.0K |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $150.0K |
| Stock-Based Compensation | $7.0K |
| Deferred Income Tax | $782.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$347.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$732.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $354M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $360M |
| PP&E (Net) | $19M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $400M |
| Tax Assets | $3M |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $6M |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.8B |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $13M |
| Retained Earnings | $378M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $393M |
| Minority Interest | $0 |
| TOTAL EQUITY | $393M |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $1.3B |
| Net Debt | $1.3B |
