| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $30M | $20M | 6.3% | 57.0% |
| Op. Income | $9M | $10M | $7M | -15.0% | 15.9% |
| Gross Margin | 61.7% | 73.6% | 84.2% | -11.9pp | -22.5pp |
| Net Margin | 22.0% | 27.5% | 29.5% | -5.5pp | -7.5pp |
| EPS (Diluted) | $0.85 | $1.01 | $0.71 | -15.8% | 19.7% |
| Free Cash Flow | $6M | $7M | $5M | -18.6% | 10.4% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $698.0K |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $3M |
| Operating Expenses | $11M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $9M |
| Interest Income | $31M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $640.0K |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $19M |
| R&D Expenses | $0 |
| Selling & Marketing | $698.0K |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $3M |
| Operating Expenses | $11M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $9M |
| Interest Income | $31M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $640.0K |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $640.0K |
| Stock-Based Compensation | $590.0K |
| Deferred Income Tax | -$300.0K |
| Other Non-Cash Items | $567.0K |
| Change in Working Capital | -$598.0K |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$21M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$76M |
| Common Stock Repurchased | -$43.0K |
| Common Dividends Paid | -$753.0K |
| Other Financing Activities | -$39M |
| NET CASH FROM FINANCING | -$116M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$127M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $61M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $139M |
| PP&E (Net) | $14M |
| Goodwill | $0 |
| Intangible Assets | $12M |
| Long-Term Investments | $1.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $129M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $0 |
| Short-Term Debt | $30M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $72M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $115M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $29M |
| Additional Paid-In Capital | $65M |
| Retained Earnings | $98M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $211M |
| Minority Interest | $0 |
| TOTAL EQUITY | $211M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $102M |
| Net Debt | $35M |
