| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $64M | $70M | $60M | -9.1% | 6.5% |
| Op. Income | $2M | $22M | $26M | -90.9% | -92.2% |
| Gross Margin | 54.1% | 76.5% | 92.0% | -22.3pp | -37.9pp |
| Net Margin | 3.1% | 23.5% | 31.3% | -20.5pp | -28.2pp |
| EPS (Diluted) | $0.03 | $0.25 | $0.26 | -88.0% | -88.5% |
| Free Cash Flow | $16M | $20M | $21M | -21.4% | -25.1% |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $731.0K |
| General & Administrative | $21M |
| SG&A Expenses | $22M |
| Other Expenses | $10M |
| Operating Expenses | $33M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $2M |
| Interest Income | $72M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $33.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $2M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $64M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $731.0K |
| General & Administrative | $21M |
| SG&A Expenses | $22M |
| Other Expenses | $10M |
| Operating Expenses | $33M |
| Cost & Expenses | $62M |
| OPERATING INCOME | $2M |
| Interest Income | $72M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $33.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $2M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $229.0K |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | $217.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$207M |
| Sales/Maturities of Investments | $147M |
| Other Investing Activities | -$359M |
| NET CASH FROM INVESTING | -$419M |
| Net Debt Issuance | $532M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$136M |
| NET CASH FROM FINANCING | $383M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $1.3B |
| Net Receivables | $27M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $51M |
| Goodwill | $211M |
| Intangible Assets | $3M |
| Long-Term Investments | $6.1B |
| Tax Assets | $51M |
| Other Non-Current Assets | $482M |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $8.3B |
| Account Payables | $0 |
| Short-Term Debt | $254M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.0B |
| TOTAL CURRENT LIABILITIES | $6.2B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$65M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $7.4B |
| Common Stock | $674.0K |
| Additional Paid-In Capital | $515M |
| Retained Earnings | $449M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$69M |
| Other Equity | -$24M |
| TOTAL STOCKHOLDERS' EQUITY | $873M |
| Minority Interest | $0 |
| TOTAL EQUITY | $873M |
| TOTAL LIABILITIES & EQUITY | $8.3B |
| Total Debt | $1.5B |
| Net Debt | $1.4B |
