| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | $40M | $33M | 5.6% | 28.9% |
| Op. Income | $4M | $2M | $8M | 107.5% | -48.7% |
| Gross Margin | 52.9% | 51.0% | 83.4% | 2.0pp | -30.5pp |
| Net Margin | 7.3% | 3.7% | 18.8% | 3.6pp | -11.5pp |
| EPS (Diluted) | $0.32 | $0.16 | $0.64 | 100.0% | -50.0% |
| Free Cash Flow | $14M | -$6M | $24M | 328.3% | -40.4% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $355.0K |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $7M |
| Operating Expenses | $18M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $4M |
| Interest Income | $36M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $584.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $355.0K |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $7M |
| Operating Expenses | $18M |
| Cost & Expenses | $38M |
| OPERATING INCOME | $4M |
| Interest Income | $36M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $584.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $584.0K |
| Stock-Based Compensation | $553.0K |
| Deferred Income Tax | $485.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$465.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $1M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$36M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | -$53M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $45M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $271M |
| Short-Term Investments | $0 |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $291M |
| PP&E (Net) | $25M |
| Goodwill | $30M |
| Intangible Assets | $2M |
| Long-Term Investments | $2.6B |
| Tax Assets | $7M |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $312M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $333M |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $193M |
| Retained Earnings | $54M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$578.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $246M |
| Minority Interest | $0 |
| TOTAL EQUITY | $246M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $312M |
| Net Debt | $41M |
