| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $41M | $29M | -0.5% | 41.2% |
| Op. Income | $2M | $5M | $6M | -60.6% | -65.9% |
| Gross Margin | 51.0% | 63.4% | 93.0% | -12.4pp | -42.0pp |
| Net Margin | 3.7% | 9.4% | 15.7% | -5.7pp | -12.0pp |
| EPS (Diluted) | $0.16 | $0.39 | $0.46 | -59.0% | -65.2% |
| Free Cash Flow | -$6M | $180.0K | $12M | -3563.3% | -152.4% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $379.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $7M |
| Operating Expenses | $19M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $2M |
| Interest Income | $36M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $529.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $582.0K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $379.0K |
| General & Administrative | $11M |
| SG&A Expenses | $12M |
| Other Expenses | $7M |
| Operating Expenses | $19M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $2M |
| Interest Income | $36M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $529.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $582.0K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $582.0K |
| Stock-Based Compensation | $299.0K |
| Deferred Income Tax | -$640.0K |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$323.0K |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$630.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $51M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | $34M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $298M |
| Short-Term Investments | $0 |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $317M |
| PP&E (Net) | $25M |
| Goodwill | $30M |
| Intangible Assets | $2M |
| Long-Term Investments | $2.6B |
| Tax Assets | $7M |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $365M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $386M |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $192M |
| Retained Earnings | $51M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$869.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $242M |
| Minority Interest | $0 |
| TOTAL EQUITY | $242M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $365M |
| Net Debt | $67M |
