| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $24M | $15M | 1.9% | 64.7% |
| Op. Income | $5M | $6M | $5M | -25.3% | -13.7% |
| Gross Margin | 66.9% | 74.2% | 93.6% | -7.3pp | -26.7pp |
| Net Margin | 15.4% | 20.8% | 28.1% | -5.4pp | -12.7pp |
| EPS (Diluted) | $0.47 | $0.63 | $0.73 | -25.4% | -35.6% |
| Free Cash Flow | $2M | $5M | $6M | -55.1% | -59.5% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $414.0K |
| General & Administrative | $6M |
| SG&A Expenses | $7M |
| Other Expenses | $6M |
| Operating Expenses | $12M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $5M |
| Interest Income | $23M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $703.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | -$172.0K |
| EBIT | $5M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $414.0K |
| General & Administrative | $6M |
| SG&A Expenses | $7M |
| Other Expenses | $6M |
| Operating Expenses | $12M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $5M |
| Interest Income | $23M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $703.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | -$172.0K |
| EBIT | $5M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | -$172.0K |
| Stock-Based Compensation | $14.0K |
| Deferred Income Tax | $482.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $378.0K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$505.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$200.0K |
| Sales/Maturities of Investments | $312.0K |
| Other Investing Activities | -$38M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | $18M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $26M |
| NET CASH FROM FINANCING | $42M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $159M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $216M |
| PP&E (Net) | $22M |
| Goodwill | $36M |
| Intangible Assets | $7M |
| Long-Term Investments | $1.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $84M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $0 |
| Short-Term Debt | $118M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $161M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $99M |
| Treasury Stock | -$40M |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $194M |
| Minority Interest | $0 |
| TOTAL EQUITY | $194M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $130M |
| Net Debt | $74M |
