| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | $52M | $29M | 6.7% | 88.6% |
| Op. Income | $8M | $12M | $9M | -29.4% | -3.4% |
| Gross Margin | 55.6% | 67.5% | 91.2% | -11.8pp | -35.6pp |
| Net Margin | 11.2% | 16.9% | 22.7% | -5.6pp | -11.5pp |
| EPS (Diluted) | $0.15 | $0.20 | $0.19 | -25.0% | -21.1% |
| Free Cash Flow | $14M | $7M | $8M | 107.3% | 78.7% |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $864.0K |
| General & Administrative | $18M |
| SG&A Expenses | $19M |
| Other Expenses | $3M |
| Operating Expenses | $22M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $8M |
| Interest Income | $52M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $678.0K |
| EBIT | $8M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $864.0K |
| General & Administrative | $18M |
| SG&A Expenses | $19M |
| Other Expenses | $3M |
| Operating Expenses | $22M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $8M |
| Interest Income | $52M |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $678.0K |
| EBIT | $8M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $678.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$12.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$580.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | -$319M |
| NET CASH FROM INVESTING | -$292M |
| Net Debt Issuance | -$76M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $375M |
| NET CASH FROM FINANCING | $298M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $82M |
| Short-Term Investments | $214M |
| Net Receivables | $13M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $371M |
| PP&E (Net) | $36M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.5B |
| Tax Assets | $12M |
| Other Non-Current Assets | $108M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.3B |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $338M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $351M |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $371M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $357M |
| Minority Interest | $0 |
| TOTAL EQUITY | $357M |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $338M |
| Net Debt | $256M |
