| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $66M | $58M | $40M | 13.5% | 65.5% |
| Op. Income | $19M | $8M | $8M | 138.3% | 152.7% |
| Gross Margin | 76.3% | 69.1% | 88.3% | 7.2pp | -12.0pp |
| Net Margin | 22.8% | 11.6% | 15.1% | 11.2pp | 7.6pp |
| EPS (Diluted) | $0.90 | $0.40 | $0.39 | 125.0% | 130.8% |
| Free Cash Flow | -$69M | -$2M | -$4M | -3329.4% | -1626.6% |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $696.0K |
| General & Administrative | $17M |
| SG&A Expenses | $18M |
| Other Expenses | $13M |
| Operating Expenses | $31M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $19M |
| Interest Income | $59M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $4M |
| EBIT | $19M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $50M |
| R&D Expenses | $0 |
| Selling & Marketing | $696.0K |
| General & Administrative | $17M |
| SG&A Expenses | $18M |
| Other Expenses | $13M |
| Operating Expenses | $31M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $19M |
| Interest Income | $59M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $4M |
| EBIT | $19M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $675.0K |
| Deferred Income Tax | $126.0K |
| Other Non-Cash Items | -$83M |
| Change in Working Capital | -$49.0K |
| OPERATING CASH FLOW | -$63M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $137M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$74M |
| NET CASH FROM FINANCING | $61M |
| FREE CASH FLOW | -$69M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $337M |
| Short-Term Investments | $152M |
| Net Receivables | $157M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $646M |
| PP&E (Net) | $73M |
| Goodwill | $34M |
| Intangible Assets | $11M |
| Long-Term Investments | $3.7B |
| Tax Assets | $11M |
| Other Non-Current Assets | $180M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $0 |
| Short-Term Debt | $200M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $325M |
| TOTAL NON-CURRENT LIABILITIES | $335M |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $174.0K |
| Additional Paid-In Capital | $171M |
| Retained Earnings | $309M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | -$5M |
| TOTAL STOCKHOLDERS' EQUITY | $471M |
| Minority Interest | $0 |
| TOTAL EQUITY | $471M |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $210M |
| Net Debt | -$126M |
