| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63M | $56M | $40M | 13.4% | 58.4% |
| Op. Income | $4M | -$5M | $11M | 168.2% | -66.3% |
| Gross Margin | 33.8% | 24.6% | 70.8% | 9.2pp | -37.0pp |
| Net Margin | 6.2% | -5.4% | 24.0% | 11.6pp | -17.9pp |
| EPS (Diluted) | $0.44 | $-0.14 | $0.99 | 414.3% | -55.6% |
| Free Cash Flow | -$11M | $3M | $18M | -449.7% | -161.0% |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $705.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $5M |
| Operating Expenses | $18M |
| Cost & Expenses | $59M |
| OPERATING INCOME | $4M |
| Interest Income | $58M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$234.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $2M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $705.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $5M |
| Operating Expenses | $18M |
| Cost & Expenses | $59M |
| OPERATING INCOME | $4M |
| Interest Income | $58M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$234.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $2M |
| EBIT | $4M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $115.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$428.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$36M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | -$42M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$543.0K |
| Other Financing Activities | $232M |
| NET CASH FROM FINANCING | $229M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $162M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $466M |
| Short-Term Investments | $379M |
| Net Receivables | $972M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $74M |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $2.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $126M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $720M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $720M |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $187M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $201M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $354M |
| Minority Interest | $0 |
| TOTAL EQUITY | $354M |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $720M |
| Net Debt | $254M |
