| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | $36M | $31M | 5.1% | 21.0% |
| Op. Income | $5M | $6M | $7M | -10.4% | -27.7% |
| Gross Margin | 61.0% | 72.1% | 91.8% | -11.1pp | -30.8pp |
| Net Margin | 10.7% | 12.8% | 17.8% | -2.1pp | -7.1pp |
| EPS (Diluted) | $0.34 | $0.39 | $0.44 | -12.8% | -22.7% |
| Free Cash Flow | -$12M | $20M | $6M | -158.0% | -283.2% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $861.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $6M |
| Operating Expenses | $18M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $5M |
| Interest Income | $31M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| 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 | $433.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $861.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $6M |
| Operating Expenses | $18M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $5M |
| Interest Income | $31M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| 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 | $433.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $433.0K |
| Stock-Based Compensation | $277.0K |
| Deferred Income Tax | -$54.0K |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$284.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$76M |
| NET CASH FROM INVESTING | -$84M |
| Net Debt Issuance | $112M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $58M |
| NET CASH FROM FINANCING | $166M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | $70M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $109M |
| Short-Term Investments | $143M |
| Net Receivables | $153M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $405M |
| PP&E (Net) | $13M |
| Goodwill | $899.0K |
| Intangible Assets | $3M |
| Long-Term Investments | $1.7B |
| Tax Assets | $4M |
| Other Non-Current Assets | $77M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $274M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $302M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $13M |
| Additional Paid-In Capital | $79M |
| Retained Earnings | $96M |
| Treasury Stock | -$25M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $153M |
| Minority Interest | $0 |
| TOTAL EQUITY | $153M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $274M |
| Net Debt | $166M |
