| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $46M | $48M | $32M | -3.8% | 45.4% |
| Op. Income | $5M | $11M | $15M | -58.8% | -70.4% |
| Gross Margin | 25.1% | 38.3% | 70.2% | -13.2pp | -45.1pp |
| Net Margin | 7.2% | 17.3% | 33.3% | -10.1pp | -26.1pp |
| EPS (Diluted) | $1.50 | $3.76 | $4.77 | -60.1% | -68.6% |
| Free Cash Flow | $6M | $4M | $15M | 53.2% | -61.6% |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $152.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $1M |
| Operating Expenses | $7M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $5M |
| Interest Income | $45M |
| Interest Expense | $34M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $187.0K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $46M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $12M |
| R&D Expenses | $0 |
| Selling & Marketing | $152.0K |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $1M |
| Operating Expenses | $7M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $5M |
| Interest Income | $45M |
| Interest Expense | $34M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $187.0K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $187.0K |
| Stock-Based Compensation | $11.0K |
| Deferred Income Tax | $287.0K |
| Other Non-Cash Items | -$263.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$160.0K |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$48M |
| NET CASH FROM INVESTING | -$46M |
| Net Debt Issuance | $39M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $40M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$543.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $355M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $361M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $416M |
| Tax Assets | $2M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $8M |
| Short-Term Debt | $64.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $13M |
| Retained Earnings | $386M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $402M |
| Minority Interest | $0 |
| TOTAL EQUITY | $402M |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $1.5B |
| Net Debt | $1.5B |
