| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | $63M | $42M | 9.8% | 63.5% |
| Op. Income | $3M | $4M | $9M | -15.5% | -67.3% |
| Gross Margin | 31.1% | 33.8% | 62.2% | -2.6pp | -31.0pp |
| Net Margin | 4.9% | 6.2% | 20.0% | -1.2pp | -15.0pp |
| EPS (Diluted) | $0.39 | $0.44 | $0.89 | -11.4% | -56.2% |
| Free Cash Flow | $2M | -$11M | $20M | 121.3% | -88.1% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $500.0K |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $5M |
| Operating Expenses | $18M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $3M |
| Interest Income | $63M |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$326.0K |
| 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 | $101.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $500.0K |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $5M |
| Operating Expenses | $18M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $3M |
| Interest Income | $63M |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$326.0K |
| 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 | $101.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $101.0K |
| Stock-Based Compensation | $386.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $945.0K |
| Change in Working Capital | -$621.0K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$100M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | -$91M |
| NET CASH FROM INVESTING | -$176M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$532.0K |
| Other Financing Activities | $229M |
| NET CASH FROM FINANCING | $227M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $521M |
| Short-Term Investments | $451M |
| Net Receivables | $949M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $74M |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $3.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $132M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.1B |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $720M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $735M |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $185M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $204M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $348M |
| Minority Interest | $0 |
| TOTAL EQUITY | $348M |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $720M |
| Net Debt | $198M |
