| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $79M | $64M | $58M | 23.2% | 36.4% |
| Op. Income | $13M | $2M | $24M | 566.0% | -45.4% |
| Gross Margin | 55.3% | 54.1% | 94.9% | 1.1pp | -39.6pp |
| Net Margin | 13.1% | 3.1% | 30.6% | 10.0pp | -17.5pp |
| EPS (Diluted) | $0.16 | $0.03 | $0.25 | 433.3% | -36.0% |
| Free Cash Flow | $21M | $16M | $30M | 36.5% | -28.0% |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $413.0K |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $10M |
| Operating Expenses | $30M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $13M |
| Interest Income | $77M |
| Interest Expense | $35M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $2M |
| EBIT | $13M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $413.0K |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $10M |
| Operating Expenses | $30M |
| Cost & Expenses | $66M |
| OPERATING INCOME | $13M |
| Interest Income | $77M |
| Interest Expense | $35M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $2M |
| EBIT | $13M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$386.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$587.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $33M |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | $50M |
| Net Debt Issuance | $228M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$167M |
| NET CASH FROM FINANCING | $48M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $119M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $195M |
| Short-Term Investments | $1.3B |
| Net Receivables | $29M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $50M |
| Goodwill | $211M |
| Intangible Assets | $3M |
| Long-Term Investments | $6.1B |
| Tax Assets | $53M |
| Other Non-Current Assets | $470M |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $8.3B |
| Account Payables | $0 |
| Short-Term Debt | $455M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.8B |
| TOTAL CURRENT LIABILITIES | $6.3B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $68M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $7.5B |
| Common Stock | $667.0K |
| Additional Paid-In Capital | $509M |
| Retained Earnings | $453M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$73M |
| Other Equity | -$23M |
| TOTAL STOCKHOLDERS' EQUITY | $866M |
| Minority Interest | $0 |
| TOTAL EQUITY | $866M |
| TOTAL LIABILITIES & EQUITY | $8.3B |
| Total Debt | $1.6B |
| Net Debt | $1.4B |
