| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $61M | $61M | 14.6% | 15.3% |
| Op. Income | $22M | $16M | $27M | 39.9% | -19.3% |
| Gross Margin | 76.5% | 80.2% | 96.4% | -3.7pp | -19.9pp |
| Net Margin | 23.5% | 18.5% | 32.3% | 5.0pp | -8.8pp |
| EPS (Diluted) | $0.25 | $0.17 | $0.26 | 47.1% | -3.8% |
| Free Cash Flow | $20M | $23M | $5M | -14.1% | 295.3% |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $747.0K |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $10M |
| Operating Expenses | $32M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $22M |
| Interest Income | $64M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $2M |
| EBIT | $22M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $54M |
| R&D Expenses | $0 |
| Selling & Marketing | $747.0K |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $10M |
| Operating Expenses | $32M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $22M |
| Interest Income | $64M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $2M |
| EBIT | $22M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$885.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$758.0K |
| Sales/Maturities of Investments | $34M |
| Other Investing Activities | -$238M |
| NET CASH FROM INVESTING | -$206M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $246M |
| NET CASH FROM FINANCING | $180M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $96M |
| Short-Term Investments | $1.3B |
| Net Receivables | $24M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $53M |
| Goodwill | $211M |
| Intangible Assets | $3M |
| Long-Term Investments | $5.7B |
| Tax Assets | $54M |
| Other Non-Current Assets | $448M |
| TOTAL NON-CURRENT ASSETS | $6.5B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $0 |
| Short-Term Debt | $110M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.1B |
| TOTAL CURRENT LIABILITIES | $6.2B |
| Long-Term Debt | $796M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$116.0K |
| TOTAL NON-CURRENT LIABILITIES | $796M |
| TOTAL LIABILITIES | $7.0B |
| Common Stock | $680.0K |
| Additional Paid-In Capital | $520M |
| Retained Earnings | $455M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$76M |
| Other Equity | -$24M |
| TOTAL STOCKHOLDERS' EQUITY | $875M |
| Minority Interest | $0 |
| TOTAL EQUITY | $875M |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $906M |
| Net Debt | $810M |
