| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | $38M | $30M | 14.3% | 41.1% |
| Op. Income | $6M | $5M | $8M | 15.1% | -22.8% |
| Gross Margin | 59.4% | 61.0% | 89.9% | -1.6pp | -30.5pp |
| Net Margin | 10.8% | 10.7% | 19.5% | 0.1pp | -8.7pp |
| EPS (Diluted) | $0.41 | $0.34 | $0.48 | 20.6% | -14.6% |
| Free Cash Flow | -$462.0K | -$12M | $28M | 96.0% | -101.6% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $12M |
| SG&A Expenses | $13M |
| Other Expenses | $6M |
| Operating Expenses | $20M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $6M |
| Interest Income | $34M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | -$108.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $12M |
| SG&A Expenses | $13M |
| Other Expenses | $6M |
| Operating Expenses | $20M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $6M |
| Interest Income | $34M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | -$108.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | -$108.0K |
| Stock-Based Compensation | $157.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$145.0K |
| Capital Expenditure | -$317.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$869.0K |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | -$46M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | -$39M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | -$30M |
| FREE CASH FLOW | -$462.0K |
| Net Change in Cash | -$62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $127M |
| Net Receivables | $153M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $326M |
| PP&E (Net) | $13M |
| Goodwill | $899.0K |
| Intangible Assets | $3M |
| Long-Term Investments | $1.8B |
| Tax Assets | $4M |
| Other Non-Current Assets | $86M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $235M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $265M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $13M |
| Additional Paid-In Capital | $80M |
| Retained Earnings | $99M |
| Treasury Stock | -$26M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $154M |
| Minority Interest | $0 |
| TOTAL EQUITY | $154M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $235M |
| Net Debt | $188M |
