| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $52M | $38M | 0.1% | 38.5% |
| Op. Income | $19M | $22M | $22M | -13.7% | -14.4% |
| Gross Margin | 57.6% | 62.1% | 92.6% | -4.5pp | -34.9pp |
| Net Margin | 25.1% | 30.2% | 42.7% | -5.1pp | -17.6pp |
| EPS (Diluted) | $0.51 | $0.62 | $0.63 | -17.7% | -19.0% |
| Free Cash Flow | $46M | $24M | $51M | 87.7% | -10.3% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $30M |
| R&D Expenses | $0 |
| Selling & Marketing | $165.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $4M |
| Operating Expenses | $11M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $19M |
| Interest Income | $47M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $544.0K |
| EBIT | $19M |
| EBITDA | $19M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $30M |
| R&D Expenses | $0 |
| Selling & Marketing | $165.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $4M |
| Operating Expenses | $11M |
| Cost & Expenses | $34M |
| OPERATING INCOME | $19M |
| Interest Income | $47M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $544.0K |
| EBIT | $19M |
| EBITDA | $19M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $544.0K |
| Stock-Based Compensation | $474.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$346.0K |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $310.0K |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $54M |
| NET CASH FROM FINANCING | -$138.0K |
| FREE CASH FLOW | $46M |
| Net Change in Cash | $39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $251M |
| Short-Term Investments | $19M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $283M |
| PP&E (Net) | $24M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $3.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $113M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $325M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $66M |
| TOTAL NON-CURRENT LIABILITIES | $400M |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $253.0K |
| Additional Paid-In Capital | $46M |
| Retained Earnings | $302M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $373M |
| Minority Interest | $0 |
| TOTAL EQUITY | $373M |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $333M |
| Net Debt | $83M |
