| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24M | $24M | $20M | -2.5% | 19.1% |
| Op. Income | $3M | $4M | $5M | -22.6% | -43.6% |
| Gross Margin | 67.2% | 68.2% | 85.9% | -1.1pp | -18.8pp |
| Net Margin | 10.8% | 13.6% | 22.7% | -2.7pp | -11.9pp |
| EPS (Diluted) | $0.36 | $0.46 | $0.66 | -21.7% | -45.5% |
| Free Cash Flow | $4M | $3M | $2M | 17.3% | 99.7% |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $353.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $6M |
| Operating Expenses | $13M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $3M |
| Interest Income | $22M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $531.0K |
| 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 | $535.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $24M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $353.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $6M |
| Operating Expenses | $13M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $3M |
| Interest Income | $22M |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $531.0K |
| 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 | $535.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $535.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$354.0K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$679.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$22M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $71M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$64M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $252M |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $285M |
| PP&E (Net) | $33M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $1.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $1M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $214M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $224M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $7M |
| Additional Paid-In Capital | $77M |
| Retained Earnings | $84M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | -$31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $126M |
| Minority Interest | $0 |
| TOTAL EQUITY | $126M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $221M |
| Net Debt | $195M |
