| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35M | $35M | $30M | 1.9% | 18.1% |
| Op. Income | $3M | $8M | $9M | -58.2% | -62.6% |
| Gross Margin | 55.5% | 67.6% | 84.2% | -12.2pp | -28.7pp |
| Net Margin | 7.9% | 19.0% | 24.5% | -11.1pp | -16.6pp |
| EPS (Diluted) | $0.28 | $0.67 | $0.73 | -58.2% | -61.6% |
| Free Cash Flow | $10M | $3M | $12M | 283.1% | -11.6% |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $83.0K |
| General & Administrative | $9M |
| SG&A Expenses | $10M |
| Other Expenses | $7M |
| Operating Expenses | $16M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $3M |
| Interest Income | $33M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $585.0K |
| 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 | $900.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $83.0K |
| General & Administrative | $9M |
| SG&A Expenses | $10M |
| Other Expenses | $7M |
| Operating Expenses | $16M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $3M |
| Interest Income | $33M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $585.0K |
| 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 | $900.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $900.0K |
| Stock-Based Compensation | $527.0K |
| Deferred Income Tax | -$276.0K |
| Other Non-Cash Items | -$264.0K |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$367.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$43M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$18M |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$677.0K |
| Common Dividends Paid | -$981.0K |
| Other Financing Activities | $37M |
| NET CASH FROM FINANCING | $36M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $404M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $482M |
| PP&E (Net) | $45M |
| Goodwill | $0 |
| Intangible Assets | $42M |
| Long-Term Investments | $2.1B |
| Tax Assets | $21M |
| Other Non-Current Assets | $93M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $0 |
| Short-Term Debt | $14M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.2B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $76M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $281M |
| TOTAL NON-CURRENT LIABILITIES | $357M |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $10M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $114M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $85M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $209M |
| Minority Interest | $0 |
| TOTAL EQUITY | $209M |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $90M |
| Net Debt | $27M |
