| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $51M | $52M | $43M | -1.5% | 18.4% |
| Op. Income | $16M | $19M | $24M | -15.9% | -34.5% |
| Gross Margin | 52.9% | 57.6% | 84.3% | -4.7pp | -31.4pp |
| Net Margin | 22.2% | 25.1% | 38.9% | -2.9pp | -16.7pp |
| EPS (Diluted) | $0.45 | $0.51 | $0.66 | -11.8% | -31.8% |
| Free Cash Flow | $16M | $46M | -$3M | -64.3% | 609.5% |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $143.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $5M |
| Operating Expenses | $12M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $16M |
| Interest Income | $49M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $711.0K |
| EBIT | $16M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $51M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $143.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $5M |
| Operating Expenses | $12M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $16M |
| Interest Income | $49M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $711.0K |
| EBIT | $16M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $711.0K |
| Stock-Based Compensation | $824.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $104.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $212.0K |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$387.0K |
| Common Stock Repurchased | -$761.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $20M |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $279M |
| Short-Term Investments | $18M |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $311M |
| PP&E (Net) | $25M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $3.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $104M |
| 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 | $71M |
| TOTAL NON-CURRENT LIABILITIES | $404M |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $252.0K |
| Additional Paid-In Capital | $46M |
| Retained Earnings | $309M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $385M |
| Minority Interest | $0 |
| TOTAL EQUITY | $385M |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $333M |
| Net Debt | $53M |
