| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $10M | $8M | 12.4% | 38.4% |
| Op. Income | $9M | $8M | $6M | 14.9% | 48.4% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 92.6% | 84.5% | 94.3% | 8.0pp | -1.7pp |
| EPS (Diluted) | $0.49 | $0.40 | $0.36 | 22.5% | 36.1% |
| Free Cash Flow | -$371.0K | $15M | $810.6K | -102.5% | -145.8% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $314.9K |
| Cost & Expenses | $314.9K |
| OPERATING INCOME | $9M |
| Interest Income | $497.8K |
| Interest Expense | $0 |
| Other Income/Expenses | $574.4K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | -$12.4K |
| 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 | -$9M |
| EBIT | $9M |
| EBITDA | $0 |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $314.9K |
| Cost & Expenses | $314.9K |
| OPERATING INCOME | $9M |
| Interest Income | $497.8K |
| Interest Expense | $0 |
| Other Income/Expenses | $574.4K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | -$12.4K |
| 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 | -$9M |
| EBIT | $9M |
| EBITDA | $0 |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$14.0K |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$371.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $8.9K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$371.0K |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $366M |
| TOTAL NON-CURRENT ASSETS | $372M |
| TOTAL ASSETS | $388M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $756.1K |
| TOTAL NON-CURRENT LIABILITIES | $41M |
| TOTAL LIABILITIES | $42M |
| Common Stock | $20M |
| Additional Paid-In Capital | $278M |
| Retained Earnings | $48M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $346M |
| Minority Interest | $0 |
| TOTAL EQUITY | $346M |
| TOTAL LIABILITIES & EQUITY | $388M |
| Total Debt | $40M |
| Net Debt | $30M |
